Search results for InnoAX
Finance
KRX after-hours market triggers VI 1,112 times on first day, raising volatility concerns
The Korea Exchange\'s after-hours market triggered the volatility interruption (VI) mechanism 1,112 times on its first trading day, raising concerns about sharp moves in small and mid-cap stocks. VI triggers totalled 228 on the KOSPI and 884 on the KOSDAQ. The exchange said lower liquidity and a wider eligible stock universe contributed, though measures of intraday high-low volatility were lower in after-hours trading than in the regular session.
AI & Enterprise
InnoAX Japan unit to supply solution to local auto parts company
AX specialist InnoAX said on Sept. 14 its Japan unit was selected as a supplier to a global automotive parts manufacturer. The company did not disclose the customer’s name, but said its solution will be introduced into the client’s equipment compliance automation system. InnoAX said the deal expands its Japan business from finance into manufacturing. It said its technology, ease of adoption and cost competitiveness were recognised during the selection process.
AI & Enterprise
InnoAX first-half sales up 36 percent as AX business gains traction
InnoAX, an artificial intelligence transformation (AX) specialist, reported consolidated first-half 2026 revenue of 14.99 billion won and operating profit of 750 million won, it said on Aug. 18. Revenue rose 36 percent from a year earlier and operating profit increased 38 percent. Second-quarter revenue was 7.9 billion won. The company said AX revenue expanded, with AX sales’ share of consolidated revenue rising to 15 percent in the second quarter.
