Korea Investment & Securities on the 22nd said MICUBE Solution is a prepared beneficiary as manufacturing artificial intelligence (AI) policy moves into full swing. It did not separately present a target price or investment opinion. The previous trading day's closing price of MICUBE Solution was 6,780 won.
MICUBE Solution provides Smart Factory and autonomous manufacturing solutions centered on AI and Digital Twin technology. It launched the AI platform "Smart AI" in 2017, kicking off the related business in earnest, and since then has pursued advancement of its solutions through continued investment aimed at AI transition on manufacturing floors.
Researcher Kang Si-on of Korea Investment & Securities said, "Beyond existing manufacturing automation solutions such as manufacturing execution systems (MES) and equipment engineering systems (EES), the current focus is on integrating Digital Twin and AI to provide an integrated solution in which the system autonomously performs prediction, analysis and decision-making on the manufacturing floor."
The main industries of MICUBE Solution's clients are secondary batteries and semiconductors, and its customer base has recently been expanding to food and logistics.
Kang said, "The government has selected the 'convergence of manufacturing and AI' as a key policy task to enhance the competitiveness of manufacturing," and noted, "Accordingly, from next year, government support programs and budget allocations related to smart factories and AI factories will be expanded."
Kang also explained, "In this situation, MICUBE Solution, which has a range of industry-specific references in building manufacturing automation and AI solutions, is expected to benefit directly."
Kang added, "Due to the limited order intake last year, MICUBE Solution's revenue recognition volume decreased this year," and said, "Next year, revenue recognition will get into full swing, and the company is aiming to achieve more than 30 billion won in sales."