Ulkasemi signed up for providing services for semiconductor designing while the field was still new for IT professionals in Bangladesh.

Beginning in 2007, on an 800-squarefoot space in Dhaka with four engineers, Ulkasemi had a turbulent beginning due to the 2007-08 global financial crisis.

Thanks to its indomitable spirit and conviction that good days would come, the company started hiring again from 2011.

It then expanded its services to global firms that develop mobile devices, complex routers or switches, consumer products, storage, microprocessors and graphics processors.

In 2014, it got support from the government-formed Equity Entrepreneurship Fund, which, according to a top official, was vital for the company to expand operations.

Ulkasemi hit its growth spurt in 2017.

It joined Texas Instruments, a global semiconductor company that designs, manufactures, tests and sells analog and embedded semiconductors, along with Qualcom and GlobalFoundries.

In 2019, Ulkasemi began providing services to Apple.

With its operations, its capacity also grew. In 2021 alone, it hired 100 engineers taking its total workforce to more than 275.

Today, Ulkasemi has four offices, including one in the USA's Silcon Valley, Canada's Toronto Canada, India's Bangalore, with operations in Dhaka. It is also connected with Facebook, Google and TSMC.