IA, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023
March 20, 2024 at 03:15 am EDT
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iA, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was KRW 0.00058 million compared to negative sales of KRW 0.00045 million a year ago. Net loss was KRW 17,110.91 million compared to KRW 2,638.67 million a year ago.
Basic loss per share from continuing operations was KRW 60 compared to KRW 9 a year ago. Basic loss per share was KRW 60 compared to KRW 9 a year ago.
iA, Inc is a Korea-based company principally engaged in the design and manufacture of semiconductors. The Company operates two business divisions: semiconductor and system. Its semiconductor division provides application specific integrated circuits (ASICs) such as network chips, mobile television (TV) chips, camera chips, three dimensional (3D) chips, digital video record (DVR) chips, voice processing chips and others, as well as semiconductors such as video and sound chips used for broadcasting, communication and automobiles. Its system division provides Internet phones including voice over IP (VoIP) and multimedia over IP (MoIP) devices. Through its subsidiary, it also involves in the software outsourcing business. On April 16, 2013, the Company changed its name to iA, Inc., from C&S Technology Inc.