KUALA LUMPUR: Penang-based integrated circuit (IC) designer SkyeChip Bhd aims to raise RM352 million via its initial public offering (IPO) to list on Bursa Malaysia’s Main Market.

Chief executive officer Datuk Fong Swee Kiang said the May 20 listing will elevate SkyeChip’s position as a regional IC design player focused on high-performance computing and artificial intelligence (AI) within the semiconductor industry.