Physical AI Semiconductor corporations DeepX said on the 18th that Min Kyung-wook, vice president of the Korea Exchange (KRX), recently visited its Pangyo headquarters to exchange views on global AI industry trends and ways to strengthen the competitiveness of Korea's capital markets.
The visit included discussions on DeepX's global business status, the commercialization trend of the physical AI industry, the competitiveness of Korea's system semiconductor industry, and the development direction of Korea's capital markets.
DeepX said it secured a total of 48 purchase orders (POs) across 8 key physical AI industries and 8 countries just eight months after mass production, and that commercialization is underway based on recent repeat orders and overseas demand. A company official said, "In April this year, the volume of monthly orders surpassed the company's total sales last year, and we achieved the first monthly break-even point (BEP) based on orders."
Min Kyung-wook, vice president of the Korea Exchange (KRX), was briefed on DeepX's business status on site and shared views on recent efforts to increase liquidity in the domestic stock market and potential turning points for the market.
Kim Nok-won, CEO of DeepX, said, "For Korea's capital markets to achieve global-level competitiveness, it is important to have a culture in which listed corporations are evaluated not only for holding truly leading-edge technology, but also for their ability to create markets based on real demand, global commercialization results, repeatable business structures, and responsibility to the market."
Kim added, "In particular, in strategic industries such as AI Semiconductor, the trust and responsibility of the listing market must be realized and a globally leading fair-play culture must take root so that capable players can continue to enter over the long term," noting, "DeepX will strive to be a company that meets global standards not only in technology but also in business and in market trust and responsibility."
On this, Vice President Min said, "For the domestic capital markets to grow to a global level, it is important that the growth of innovative technology corporations is accompanied by market trust and a responsible culture," and noted, "In strategic industries such as AI Semiconductor, practical business competitiveness and validation in global markets will become increasingly important over the long term."
Min continued, "For the domestic capital markets to secure global competitiveness over the long term, principles of fair play based on investor trust and a sound market culture are important, and all market participants need a responsible attitude so market distortions are not repeated," sharing the view that "going forward, inflows of institutional investor funds into the KOSDAQ market will expand, we will expand IPOs centered on high-tech companies, and we will quickly and strictly delist insolvent companies to make the market sound and revitalize it."
Meanwhile, some in the industry view it as unusual that the vice president of the Korea Exchange (KRX) personally visited the site of a private physical AI corporations that is still in the early stages of preparing to list.