PIE, Last Year's Sales 124 Billion Won... "Record High Performance"

AI software specialist company PIE announced its preliminary 2024 performance through a public disclosure.

According to the disclosure on the 14th, PIE's consolidated sales for 2024 reached 124 billion KRW, marking a 44% increase compared to the previous year. Operating profit and net income were 9.6 billion KRW and 10.1 billion KRW, respectively, representing growth of 142% and 83%.

A PIE representative stated, "Despite a management environment with significant internal and external uncertainties, the results were driven by expanded sales of AI vision solutions for the U.S. market," adding, "We are establishing new growth engines such as non-destructive inspection, AI semiconductors, and glass substrate inspection, and will continue to expand into various advanced industries this year."

PIE possesses proprietary software technologies essential for AI vision and data-based smart factory solutions. Core technologies include AI software with detection and problem-solving capabilities using deep learning, and image processing algorithm software. By standardizing and modularizing the software, PIE quickly provides necessary functions according to customer requirements, securing cost competitiveness and quality stability.

Choi Jeong-il, CEO of PIE, said, "In a situation where uncertainties in the secondary battery industry have increased due to the electric vehicle chasm, PIE plans to diversify growth engines and expand its business," adding, "Along with differentiating the existing core AI vision solution technology, we will advance the AI agent business in the manufacturing intelligence sector by enhancing data-based smart factory solutions, and actively target high-potential markets such as semiconductors and glass substrates to diversify global customer partnerships."