Artificial Intelligence (AI) is a transformative technology that is revolutionizing industries and unlocking new possibilities. In South Korea, several companies are making strides in AI, offering potential investment options for those interested in this sector. Here are some of the notable AI stocks in the South Korean market:
- SourceX: SourceX is a global tech company with offices in Seoul, South Korea, and Ukraine. They have 15 years of IT services experience and provide software consultancy for Telecom and Blockchain, as well as AI development tailored to each client’s requirements.
- Mckinley & Rice Inc.: McKinley & Rice is a global tech company with offices in Seoul, South Korea, and Los Angeles. They provide services that allow businesses to reach across borders.
The South Korea artificial intelligence market size reached a value of more than USD 1,011.04 million in 2023. The South Korea artificial intelligence (AI) industry is expected to grow at a CAGR of 14.5% between 2024 and 2032, reaching a value of USD 3,419.92 by 20322. Industries in South Korea are rapidly developing, mainly due to the growing adoption of data-based AI solutions and developments in machine learning, which boosts overall market growth opportunities2.
Investing in AI stocks can be a strategic move, given the increasing integration of AI in various industries. However, as with any investment, it’s crucial to conduct thorough research and consider the risks involved2.
Please note that this information is current as of March 2024 and may change over time. Always consult with a financial advisor before making investment decisions.