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TeraView, a UK chip-equipment maker, has chosen to list on Korea's Kosdaq to enhance its market presence in Korea and Greater Asia, driven by a strategy to support local customers and establish an Asia hub. The company generated 60% of its revenue from semiconductor firms in Korea, prompting the move.

TeraView's valuation reached 568 billion won ($393 million) at debut, supported by a recent stock market rally. Dage Precision Industries is the largest shareholder, and Samsung Securities led the listing.