Polaris AI Corp.
KKRX:0399805,720.00
KRW
+320.00
(+5.93%)
Polaris AI Corp.
KRX:039980
(Korea Stock Exchange)
Recent
price
5,720.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- Business
- Polaris AI Corp. is a South Korea-based information technology and consumer goods company engaged in the provision of artificial intelligence solutions, system integration services, public safety telecommunications infrastructure, and fashion retail distribution. Founded in 1991 and headquartered in Seoul, South Korea, the company operates primarily through two core business segments: the AI Convergence IT Division and the Fashion and Culture Division. In its technology segment, the company delivers mission-critical wireless communication systems, including Trunked Radio Systems and public safety communication network infrastructure for national disaster management, railway, police, and emergency services; enterprise system integration, IT outsourcing, and infrastructure maintenance services for public sector and corporate clients; on-device artificial intelligence platforms and industrial safety monitoring software; cloud management and digital transformation services; and collaborative enterprise groupware solutions. In its consumer segment, the company acts as the official domestic importer and distributor for international lifestyle and casual bag brands, marketing backpacks, luggage, and accessories under the Kipling and Eastpak labels through department stores, duty-free shops, retail outlets, and online distribution channels across South Korea. In February 2024, the company executed a major strategic realignment, rebranding from Leenos Corp. to Polaris AI Corp. following its acquisition by the Polaris Office Group through affiliates Polaris Uno, Inc. and Polaris Sewon Co., Ltd. To accelerate its software and public sector expansion, the company acquired a controlling stake in HandySoft Co., Ltd., strengthening its market position in public administration groupware and enterprise platforms. Additionally, Polaris AI Corp. entered into a Managed Service Provider partnership with Naver Cloud to deliver cloud infrastructure and artificial intelligence services leveraging the HyperCLOVA X model, while actively collaborating with group affiliates, including Polaris Office Corp. and Polaris AI Pharma Corp., to develop integrated artificial intelligence solutions across government, enterprise, and life science sectors.