Update February 20 KST:
On February 20 at approximately 5:30 p.m. KST, IU posted a new video on her personal Instagram of what appears to be a spoiler of one of her new songs.
On February 20, a representative from IU’s management agency, Fave Entertainment, announced, “IU is currently in the process of producing new music for her comeback.”
IU recently posted to her official fan cafe and told fans that she had been working on new music during her break. In her post she said, “Today, I’m recording for a song that I really like! I think it will become a fan-favorite.”
Her agency also stated, “We do not know if her comeback will be in the first half of the year yet. We will need to spend more time producing before we can confidently know when her comeback will be.”