A multichannel apparatus for exchanging channels and an operating method of the multichannel apparatus are provided. The apparatus includes reception nodes configured to receive input signals of an analog domain, main signal processors configured to perform a signal processing operation on the input signals, and auxiliary signal processors configured to replace the main signal processors and perform at least a portion of the signal processing operation in response to a replacement condition being satisfied. The reception nodes, the main signal processors, and the auxiliary signal processors are implemented in a single integrated circuit (IC) package.