SOLUM

The company follows a hardware-plus-platform model. It designs and manufactures ESLs and digital signage in-house, then sells these devices into retail environments, typically via large rollout projects. Around this installed base, it offers a solution platform that connects devices, data, and partner systems to manage pricing, labelling, and in-store content. Value is created by automating manual pricing and signage tasks, improving data accuracy, and enabling operational analytics across stores. Over time the firm is shifting from a pure product approach towards a solution and platform orientation, using the hardware footprint to drive adoption of its software and data services across global retail customers.

SOLUM is a South Korea–headquartered spin-off from Samsung Electro-Mechanics that designs, manufactures, and supplies electronic shelf labels (ESLs), digital signage displays, and a related retail operations platform. It focuses on large-scale retail digitalisation, providing hardware, firmware, and software to automate pricing, shelf labelling, and in-store information displays, and operates through a global network of sales subsidiaries and offices.

The company generates revenue primarily from sales of ESL and display hardware, complemented by platform and software fees for its solution platform and cloud management tools, and by deployment and integration services. Its customers are mainly enterprise and mid-sized retailers, grocery and department store chains, convenience-store groups, and their retail IT and operations teams, with an emerging focus on enabling smaller retailers through a SaaS-based model.