GCT, which counts fellow semiconductor companies Samsung, National and Pericom among its investors, will go public but the price is still to be set.
US-based semiconductor manufacturer GCT yesterday registered for an initial public offering (IPO) with the US Securities and Exchanges Commission. The number and price of the shares offered has yet to be determined.
Among GCT’s corporate stakeholders are Korea-based conglomerate Samsung’s corporate venturing unit, Samsung Ventures, US-based semiconductor companies National and Pericom, Mizuho Venture Capital and UOB Venture Management, each the corporate venturing units of their respective banks, and telecommunications company UT Starcom.
According to the filing, the two largest…
