KB Securities Selected as Lead Underwriter; Series B Funding Completed, Targeting Technology-Special Listing After 2027
SEOUL, South Korea, July 30, 2026 /PRNewswire/ -- Tesollo, a South Korean robotic hand specialist, has officially begun preparations for its initial public offering (IPO) through Korea's technology-special listing track.
Tesollo appointed KB Securities as its lead underwriter in March and is currently preparing for a planned listing after 2027.
The company also announced that it has recently completed its Series B funding round. Existing shareholders, including POSCO Technology Investment, KB Investment, and Enlight Ventures, participated as follow-on investors, while strategic investors from the industrial sector, including Daesung Hi-Tech and HL Mando, also joined the round. The participation of both existing investors and new strategic investors is seen as recognition of Tesollo's technological capabilities and growth potential.
Tesollo has secured technological competitiveness in industrial automation and humanoid robotics through its multi-jointed robotic hand, the Delto Gripper series. Based on its proprietary actuator technology, the company has commercialized humanoid robotic hands and multi-jointed grippers. It is also developing grasping and manipulation control algorithms, as well as AI-based hand manipulation technologies, to enhance the task performance of robotic hands. Leveraging these technologies, Tesollo is expanding its applications across manufacturing, logistics, and research fields.
As the humanoid robotics market continues to grow, demand is increasing for robotic hands capable of precise manipulation. Against this backdrop, Tesollo is expanding its overseas business by securing customers in major global markets, including the United States, China, and Japan. To date, the company has exported its products to 19 countries, and its overseas sales have recently surpassed domestic sales, marking its transition into a global market-oriented company.
"Through our IPO, we aim to establish a corporate foundation that global customers can trust and accelerate our expansion into overseas markets," said Young-Jin Kim, CEO of Tesollo. "By strengthening our mass production capabilities and advancing our core technology development, we will continue to grow into a global leader in the robotic hand sector."
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Tesollo, a Robotic Hand Specialist, Kicks Off IPO Process | Appoints KB Securities as Lead Underwriter
TAIPEI, July 30, 2026 /PRNewswire/ -- TrendForce's latest research on the memory industry reveals that AI will remain the primary driver of memory demand in 2027. However, market dynamics are expected to diverge between DRAM and NAND Flash.
On the DRAM side, continued HBM capacity allocation, robust AI server demand, and growing procurement of CPU memory and HBM are expected to keep supply constrained and prices on an upward trajectory. By contrast, NAND Flash is projected to enter a looser supply environment in 2H27 as new production capacity comes online while consumer electronics demand remains weak, increasing downward pressure on prices.
DRAM supply growth expected to lag behind demand expansion
TrendForce notes that major DRAM suppliers have already initiated expansion plans to address medium- to long-term demand driven by investments in AI infrastructure. In the near term, manufacturers are expanding output from existing fabs, accelerating process migrations, and reducing product conversion frequency to maximize bit output growth throughout 2026.
Although several suppliers plan to bring new capacity online in 2027, construction schedules, equipment installation, and raw material preparation will delay meaningful production ramp-ups until the second half of 2027. Given the semiconductor manufacturing cycle, substantial output contributions are not expected to materialize until 2028.
Additionally, HBM manufacturing requires significantly more wafer input than conventional DRAM, meaning that higher wafer starts do not translate proportionally into additional bit output. These factors will constrain overall DRAM bit supply growth in 2027, keeping market supply tight.
From a demand perspective, continued capital expenditure by North American CSPs, shipments of next-generation CPU platforms from Intel and AMD, and the commercialization of Agentic AI are expected to drive stronger server demand. TrendForce forecasts global server shipments to grow faster in 2027 than the 17% YoY recorded in 2026.
Meanwhile, increasing HBM capacity per AI server and the adoption of new memory standards such as SOCAMM will significantly increase memory content per server, supporting another year of robust DRAM bit demand growth.
In contrast, consumer electronics, including smartphones and notebooks, are expected to remain under pressure. Higher component costs are increasingly being passed on to consumers through higher retail prices, dampening replacement demand and leading to another year of declining shipments in 2027.
TrendForce estimates the DRAM sufficiency ratio at approximately -1% to -2% in 2026. Furthermore, the supply-demand gap is expected to widen further in 2027 as demand growth continues to outpace supply expansion.
However, the firm notes that CSPs' capital expenditure remained at record levels throughout 2026, with some providers even reporting negative free cash flow. If memory prices remain elevated throughout 2027, memory will account for a larger share of CSP infrastructure spending. Whether this ultimately affects CSP investment plans and memory procurement remains a key variable to watch.
NAND Flash capacity expansion to shift market balance
In 2026, NAND Flash suppliers primarily increased bit output through process technology migration rather than major capacity expansion. Supported by strong demand for AI servers and high-capacity enterprise SSDs, suppliers continued prioritizing enterprise SSD production to offset weaker profitability in consumer markets.
Looking ahead to 2027, accelerated migration to higher-layer NAND products and the gradual ramp-up of new fabs are expected to drive significantly stronger bit supply growth than in 2026, resulting in a substantial expansion of industry output.
Enterprise storage will remain the primary growth engine on the demand side. Robust server deployments will continue to support procurement of high-performance, high-capacity enterprise SSDs by CSPs and enterprise customers, with QLC SSDs expected to account for the largest share of incremental NAND demand. Consumer electronics demand, on the other hand, is expected to remain subdued as higher device prices continue to suppress purchasing activity.
TrendForce expects the NAND Flash market to undergo a structural shift in 2027 as new capacity gradually enters production while consumer demand remains weak. The firm previously forecast that the NAND Flash sufficiency ratio will turn positive in 2027, indicating that the market will transition from a supply-constrained environment to a more balanced market.
Nevertheless, TrendForce notes that a breakthrough in the adoption of Agentic AI could significantly increase demand for high-speed SSDs, helping absorb incremental supply and bringing the overall market closer to equilibrium.
For more information on TrendForce's semiconductor reports and market data, please visit the Report Page, or Email (SR_MI@trendforce.com) the Sales Department.
For more on the latest technology industry news and trends, please visit News.
About TrendForce
TrendForce is a global leader in technology industry analysis and consulting services. With deep expertise spanning foundry, DRAM, HBM, NAND Flash, AI servers, robotics, near-eye displays, display panels, LEDs, MLCC, and green energy, it also offers in-depth research into key market drivers such as AI, automotive technologies, 5G/6G communications, LEO satellites, and the IoT.
Backed by a team of top industry professionals, TrendForce has been at the forefront of global market research for over 25 years. More than 60% of its clients are among the world's top 500 companies.
TrendForce's global footprint includes Taipei, Shenzhen, Silicon Valley, New York, and Tokyo. With timely and strategic industry analysis, TrendForce delivers the critical information that empowers businesses to make smarter, faster decisions.
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Diverging Memory Market Outlook in 2027 as DRAM Supply Remains Tight While NAND Flash Supply Conditions Ease, Says TrendForce
Diverging Memory Market Outlook in 2027 as DRAM Supply Remains Tight While NAND Flash Supply Conditions Ease, Says TrendForce
