VECT, a Leader in Digital Signage, Embarks on a New Chapter with KOSDAQ Listing
- seoultribune
- 2월 8일
- 3분 분량
VECT, a prominent player in the digital signage and smart visual solutions sector, has recently garnered attention with its successful listing on KOSDAQ. Founded in 2006, VECT specializes in the manufacturing and distribution of a wide range of visual hardware, including digital signage, LED displays, electronic whiteboards, and smart lecterns. The company has established itself as a one-stop total visual solutions provider, offering services that encompass hardware, system integration, and content creation.
Stock Price Doubles on First Day of KOSDAQ Listing, Reflecting Market Confidence
On its first day of trading, VECT’s stock price more than doubled compared to its offering price. On the listing day, the stock was priced at 9,570 KRW, marking a 145.38% increase from the offering price of 3,900 KRW. During the early hours, the price peaked at 10,480 KRW, surpassing the 10,000 KRW mark. This surge is seen as a testament to VECT’s technological prowess and its strong growth potential in the market.
Exclusive Distributor for Panasonic and Casio Projectors in Korea, Expanding the Smart Education Market
As the exclusive distributor for Panasonic and Casio projectors in Korea, VECT manages nationwide distribution, delivery, and installation. The company also supplies smart education solutions through government procurement platforms like Nara Market and School Market under fixed-price contracts. VECT's smart learning solutions, including electronic whiteboards and smart lecterns, are in high demand not only in educational institutions but also among public agencies and corporations.
Driving Growth Through Technological Innovation
VECT operates its own research lab, continuously developing visual technologies and offering system integration consulting to pursue technological innovation. With a wide range of patents and certifications, VECT’s hardware solutions deliver optimized services for exhibitions, media shows, corporate events, and public spaces, solidifying its position in the industry. Additionally, the company provides fast maintenance and customized support through its nationwide service centers and A/S (after-sales) points.
The Future as a One-Stop Visual Solutions Provider
VECT offers comprehensive visual planning, installation, and operation solutions for various purposes, leveraging digital signage hardware, software, and content for media and smart learning applications. With the capital raised from the KOSDAQ listing, VECT is expected to accelerate its technology development and market expansion. A company representative stated, “Through this listing, we aim to evolve into a globally competitive visual solutions provider.”
Future Growth Outlook
The industry anticipates that VECT, a digital signage and smart visual solutions company, will actively pursue mergers and acquisitions (M&A) to expand its business. If VECT implements this strategy, it is expected to strengthen its position as a total solutions provider by acquiring content production and software development companies, leveraging its strengths in hardware manufacturing and system integration. Interactive content creators, 3D video producers, VR/AR content developers, and digital signage software firms are being considered as primary targets.
VECT is also likely to lead the smart education market by acquiring AI-based learning platforms and edtech companies, building on its strong presence in the educational solutions sector with products like electronic whiteboards and lecterns. Additionally, the company plans to enhance its technological capabilities and production efficiency by acquiring firms specializing in high-resolution displays and energy-efficient LED technologies.
VECT's global expansion strategy is also drawing attention. To meet the growing demand for digital signage in emerging markets such as Southeast Asia and Europe, the company is considering acquiring local distributors and installation specialists. Furthermore, by acquiring IoT and AI technology companies, VECT aims to bolster its competitiveness in the smart city and smart retail sectors.
With the rapid growth of the smart education and digital signage markets, VECT’s future trajectory is being closely watched. Through continuous technological advancement and customized service offerings, VECT is poised to become a leading company in the smart business and smart learning sectors.
Seoul Tribune (c)
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