- Full Time Employees
- 34
- Sector
- Distribution services
- Industry
- Electronics distributors
- Address
- Seoul South Korea
- IPO Date
- Jul 25, 2007
- Business
- MemRAY BT Co., Ltd. is a South Korea-based information technology solutions provider that specializes in enterprise IT infrastructure, data center architecture, systems integration, and artificial intelligence storage solutions. Founded in 1998 and headquartered in Seoul, South Korea, the company operates primarily across the domestic South Korean market while collaborating with global technology partners. MemRAY BT delivers comprehensive hardware and software solutions to enterprise clients, public sector organizations, financial institutions, and data centers. The company functions as a Titanium Tier 1 Partner of Dell Technologies, distributing, integrating, and maintaining enterprise-grade IT infrastructure. Its core product and service portfolio comprises enterprise computing hardware, including high-performance rack and tower servers, artificial intelligence computing nodes, and mission-critical server clusters; data storage systems, including all-flash arrays, hybrid enterprise storage, network-attached storage, and storage area network architectures; data protection and backup solutions, including deduplication appliances, continuous data replication software, and disaster recovery platforms; cloud and virtualization solutions, including hyper-converged infrastructure deployments, private cloud environments, and software-defined data center tools; next-generation AI storage and memory architecture platforms developed in collaboration with semiconductor and memory interface innovators; and professional IT services, including systems integration, network engineering, data migration, infrastructure optimization, 24/7 technical support, and comprehensive maintenance operations. In addition to its core IT segment, the company historically maintained diversified business interests through consolidated subsidiaries, including The Stella in fashion and apparel, Ecoland in industrial waste treatment, Yulho Materials in secondary battery recycling and green hydrogen development, and Yulho Tanzania in overseas mineral exploration. In recent major corporate developments, the company underwent a formal corporate rebranding in December 2025, changing its name from Yulho Co., Ltd. to MemRAY BT Co., Ltd. following an extraordinary general meeting of shareholders to signify its strategic repositioning toward AI computing, GPU acceleration, and specialized memory and storage interface markets. Concurrently, the company established a strategic partnership with AI storage and interface technology developer Memray to co-develop high-throughput storage solutions tailored for large-scale AI workloads and data-intensive computing environments. To improve financial stability and optimize operational focus, the company initiated a restructuring of its business portfolio to streamline non-core subsidiary assets and implemented capital structure adjustments, including a two-to-one reverse stock split in 2026.