[Edaily Reporter Lee Hye-ra] #FocusAI is divesting non-core assets and accelerating efforts to strengthen the competitiveness of its core business, which focuses on AI-based physical security solutions. Focus AI logo. (Photo courtesy of Focus AI) Focus AI announced on the 12th that its board of directors has resolved to dispose of a plot of land located in Suseong-gu, Daegu. The land was acquired in 2024 with the intention of establishing an AI R&D center. Following a recent review of asset management priorities in line with the company’s business restructuring and growth strategy centered on the AI physical security business, Focus AI’s management decided to recover the full 2.7 billion won of the initial investment through the sale of the land. The company plans to redirect the funds used for the land purchase and the large-scale investment in center construction toward its core business—specifically, the advancement of AI physical security technology and the expansion of its client base—which are directly linked to external growth and enhanced profitability. Focus AI is currently accelerating its transition from a hardware distribution-centric business structure to an AI solution-based system integration (SI) model. Since the appointment of CEO Koo Hyung-mo last March, the new management team has been accelerating structural reforms to create a stable business environment and secure financial stability. In particular, the company is expanding its AI-based safety management platform business, with a focus on the industrial safety sector. Amid the trend toward stricter enforcement of the Serious Accidents Punishment Act and growing demand for safety management among companies, discussions regarding the adoption of AI-based physical security and safety management solutions are underway across various industrial sites. CEO Koo Hyung-mo stated, “Since the launch of the new management team, we have continuously pursued business restructuring and efforts to strengthen financial stability,” adding, “This decision is intended to focus the company’s funds and capabilities on enhancing the competitiveness of our core businesses, such as AI physical security solutions and industrial safety platforms.” He added, “We plan to maintain our capital allocation principle of prioritizing investments in areas directly linked to business growth and profit generation over investments in non-core assets,” and noted, “The resources recovered will be utilized in areas that enhance corporate value, such as technological advancement and expansion of our customer base.”
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