[Asia Economy Reporter Jang Hyowon] Polaris Office is showing strong performance. As the second largest shareholder of Selvas Healthcare, whose stock price surged more than 50% in three days, the value of its shares seems to be influencing the stock price.
As of 9:57 AM on the 22nd, Polaris Office is trading at 1,620 KRW, up 4.11% from the previous day. Selvas Healthcare is trading at 4,220 KRW, up 17.22%.
Selvas Healthcare is a smart healthcare specialized company that develops body composition analyzers and fully automatic blood pressure monitors. It operates the medical diagnostic device brand ACCUNIQ and the assistive technology device brand for the visually impaired, HIMS. It is actively expanding its AI medical device business by integrating AI voice recognition technology from its parent company, Selvas AI, into medical devices.
The company has been rising continuously, benefiting from the government's expansion of the 'Medical AI System' project. The Ministry of Science and ICT announced the start of a public contest for the 'AI-based Medical System Digital Transformation Support Project,' which supports the introduction and utilization of digital medical services in public medical institutions nationwide.
Polaris Office holds a 14.57% stake in Selvas Healthcare, making it the second largest shareholder. It is collaborating with Selvas AI on the development of AI office solutions utilizing AI voice recognition technology.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
