RaonPeople Expands AI R&D Center Investment... "Securing Future Growth Engine"

[Asia Economy Reporter Yoo Hyun-seok] Raon People is set to strengthen its technological competitiveness and secure future growth engines in earnest by expanding and constructing a new headquarters and an artificial intelligence R&D center.

AI specialist company Raon People announced on the 3rd through a public disclosure of the decision to acquire tangible assets that it will build a new headquarters and an artificial intelligence R&D center with an area of 3,200 pyeong in Gwacheon Knowledge Information Town Urban Hub. The acquisition scale is approximately 31.1 billion KRW.

A Raon People official stated, “The construction of the new headquarters and relocation of the head office to Gwacheon Knowledge Information Town will not only improve the management environment but also have a positive impact on expanding new projects including government tasks.” He added, “In particular, by expanding and constructing the AI R&D center, we will make every effort to secure future growth engines by recruiting excellent research personnel and enhancing research and development infrastructure and technological competitiveness.”

Raon People plans to relocate its headquarters and subsidiaries by the end of 2023, when the construction of the new headquarters is completed.

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