Seoul: Rebellions Inc. and Sapeon Korea Inc., two prominent artificial intelligence chipmakers based in South Korea, have successfully completed their merger, resulting in the formation of a new integrated company, officials announced on Monday. The newly established entity, valued at an estimated 1.3 trillion won (approximately US$929.8 million), will operate under the name Rebellions. Park Sung-hyun, the former CEO of Rebellions, will lead the company.According to Yonhap News Agency, the merger was finalized roughly six months after Rebellions and Sapeon Korea declared their integration plan. This strategic move aims to enhance the company's competitiveness in the burgeoning global AI chip market. Rebellions, originally an AI chip fabless startup founded in 2020, joins forces with Sapeon Korea, an AI chip processor affiliate of SK Telecom Co., South Korea's leading mobile carrier.The new Rebellions plans to expand its presence in international markets, including the United States, Saudi Arabia, and Japa n, leveraging strategic partnerships with investors such as SK Telecom and SK hynix Inc. In addition, the company aims to assert its leadership in PyTorch, an open-source machine learning framework, and address global AI supply challenges through its innovative chiplet technology, which facilitates the integration of diverse chip types within a single package.Park Sung-hyun emphasized the significance of the merger, stating, "The reshaping of the global AI semiconductor market has already begun with Nvidia's dominance." He expressed a commitment to guiding the company with a sense of responsibility to advance South Korea's AI chip industry.
- October 12, 2026
