Xperix Announces Long-Term Vision for Digital ID and Advanced Materials Businesses... Presents Blueprint for Sustainable Growth
Xperix (CEO Yoon Sang-chul) held a corporate briefing session on the 7th at the Korea Financial Investment Education Institute located in Yeouido. Having recently announced its full-scale entry into the 'Aerogel' business through its subsidiary, there was significant interest not only in its existing businesses but also in new ventures.
The corporate briefing covered an introduction to Xperix and its current business status. First, as a strategy to diversify its business portfolio for sustainable growth, the company presented a plan to foster the 'eDocument Reader business' by entering the ATI (Air Transportation Industry) and EES (Entry-Exit System, European border immigration system) markets, aiming to increase its global market share.
Additionally, to grow its domestic business, Xperix announced plans to expand its business scope into the service and solution markets by participating in large-scale SI projects and establishing strategic M&A and partnerships.
Moreover, the company announced the establishment of a subsidiary to actively enter the advanced materials business. The key material business items revealed on this day were 'Aerogel' and 'Carbon Nanotube (CNT) fibers.' The company expects to accelerate technology acquisition and commercialization for both items.
Xperix stated that this year would be a phase to lay the foundation for the advanced materials business, with full-scale projects for material production and market entry commencing from 2025. Furthermore, from 2028, as mid- to long-term projects become visible, the company anticipates entering various future industries such as aerospace, which will lead to increased sales and improved profitability based on this foundation.
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Yoon Sang-chul, CEO of Xperix, said, “This corporate briefing was not simply a session to introduce the current status of Xperix but a meaningful opportunity to present the future blueprint and goals we pursue,” adding, “We have high expectations for the advanced materials business we are developing going forward.”
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