Focus AI Streamlines Capital for AI Physical Security, Disposes of Non-Core Assets

Focus AI Sells Daegu Land
Funds to Be Concentrated on Core Business Expansion

Focus AI is strengthening its competitiveness by disposing of non-core assets and reinvesting the proceeds into its main business of artificial intelligence (AI) physical security solutions.

On June 12, Focus AI announced that its board of directors had resolved to sell land located in Suseong-gu, Daegu. The site, which measures 650 pyeong (2,112.7 square meters), was originally acquired in 2024 for the purpose of establishing an AI research and development center.

Following a recent review of asset management priorities as part of its business restructuring and AI physical security-focused growth strategy, Focus AI has decided to recover its entire investment of 2.7 billion won through the sale of the land. The company plans to reinvest these funds into its core business areas, focusing on the advancement of AI physical security technologies and the expansion of its customer base, which will directly drive growth in scale and profitability.

The company is currently transitioning from a hardware distribution-centric business structure to a system integration (SI) model based on AI solutions. Since the appointment of CEO Koo Hyungmo in March, the new management team has been accelerating improvements in management and financial structure.

Focus AI is also pursuing innovative initiatives that can lead to improved business performance. In particular, it is expanding its AI-based safety management platform business in the industrial safety sector. With the strengthening of the Severe Accident Punishment Act and increasing corporate demand for safety management, discussions are underway across various industries regarding the adoption of AI-based physical security and safety management solutions.

Koo Hyungmo, CEO of Focus AI, stated, "This decision was made to focus the company's resources and capabilities on strengthening the competitiveness of our core businesses, such as AI physical security solutions and industrial safety platforms." He added, "We will continue to adhere to our principle of capital allocation, prioritizing investments in areas directly linked to business growth and profit generation over non-core asset investments."

This content was produced with the assistance of AI translation services.