SoluM

What SoluM does

SOLUM is a South Korea-headquartered global technology solution provider that designs, manufactures, and deploys electronic shelf label (ESL), digital signage, automotive and power electronics, sensor, and lifestyle products. The company traces its origin to the power module and tuner division of Samsung Electro-Mechanics, which was spun off in 2015, and now operates a unified supply and sales network across 16 countries with manufacturing in Ho Chi Minh City, Vietnam and regional headquarters in Singapore. Its flagship product is the Newton ESL Platform, which features integrated LED indicators that provide real-time shelf-level visual guidance for picking, navigation, and fulfilment, and is sold alongside modules for dynamic pricing, shelf monitoring, retail media networks, shopper heatmap analytics, and retail climate control.

The business is structured around five divisions: ESL & IoT (Newton platform plus retail, food & beverage, industrial, and workplace solutions), Display (content management, remote management, digital menu boards, whiteboards), Automotive & Power (EV charging power modules, AI data center power solutions, HUD, energy storage, lighting), Sensor (IoT sensors), and Lifestyle. SOLUM serves enterprise customers including Samsung Electronics, Macy's, Xiaomi, Tefal, and WHSmith, and has been expanding a partner ecosystem that includes Rynly for fulfilment orchestration, EWQ for ScanToPair integration, M-Cube for content management, IW Technologies as a reseller, and i-charging for EV charging power modules.

Revenue is generated primarily through hardware sales of ESL, display, and automotive/power modules, supplemented by subscription-style platform and IoT services (Newton management system, remote management, content management, analytics), and professional services for deployment and lifecycle support delivered through channel partners such as IW Technologies. Go-to-market combines direct enterprise field sales for large retailers and OEMs with a growing regional channel motion (resellers, integration partners, and a dedicated North America partner portal), supported by event-led demand generation at major retail technology shows including EuroShop 2026 and Retail Technology Show.

Name

SoluM

Legal name

SOLUM

Website

https://solum-group.co.kr

Company type

Public

Founded year

2015

Operating status

Operating

Ownership category

akta.pro rank

Product category

Electronic Shelf Labels & Retail IoT Hardware

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Electronic Coils, Transformers & Other Inductors (3677)

akta.pro primary industry

Electronic Shelf Labels (ESL) & Shelf-Edge Hardware (HDACAKAJ)

akta.pro secondary industry

Industrial Material Handling & Warehouse Charging (forklift/AGV chargers, battery swapping) (IMAGAHAG)

Keywords

• Electronic shelf labels
• Retail IoT solutions
• Digital signage displays
• EV charging modules
• Power electronics

Headquarters

HQ city

Yongin

HQ country

South Korea

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Hardware Sales (ESL, Display, Automotive): Sale of physical products including Electronic Shelf Labels, digital displays, EV charging modules, sensors, and related hardware components. Revenue generated through direct sales and channel partners globally.
2. Software Platform & IoT Services: Platform-based services including Newton ESL management system, content management for digital signage, remote management capabilities, and analytics solutions bundled with hardware or sold separately.
3. Deployment & Lifecycle Support: Professional services including procurement, deployment, and ongoing lifecycle support for ESL and digital solutions, often delivered through channel partners like IW Technologies.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

SoluM designs, manufactures, and sells Electronic Shelf Label (ESL) systems anchored by its Newton platform, digital signage and display solutions, and automotive/power modules including EV charging power modules, HUDs, ESS, and lighting. The company serves enterprise retailers and industrial customers across 16 countries, combining in-house hardware, firmware, and platform software to deliver IoT-enabled retail automation and e-mobility infrastructure.

Product overview

SOLUM is a global technology solution provider offering a comprehensive portfolio of products organized into five main divisions: ESL & IoT (Electronic Shelf Labels and Internet of Things solutions), Display (digital signage and interactive displays), Automotive & Power (EV charging, HUD, energy storage, and lighting solutions), Sensor (IoT sensor technology), and Lifestyle (consumer products). The Newton ESL Platform serves as the core product for retail solutions, supporting modules including Retail Media Network, Picking & Navigation, Dynamic Pricing, Shelf Monitoring, Energy Saving, Retail Climate Control, and Shopper Heatmap Analysis. The platform enables real-time price changes, reduces manual tag replacement, and automates promotions and markdowns. SOLUM also provides Food & Beverage solutions (QR Order, Full Color E-paper POP, Visitor & Store Analysis, Automatic HVAC Management), Industrial solutions (Digital Picking, Industrial Asset Tracking, Geofencing), and Workplace solutions (Room & Desk Booking, E-paper Information Display, Office Climate Control, Office Asset Tracking). The Display division offers Content Management System, Remote Management System, Digital Menu Board, and Digital Whiteboard. Automotive & Power includes AI Data Center Power Solution, HUD Solution, ESS Solution, EV Charging Solution, and Lighting Solution. The company operates across 16 countries with full-stack capability developing hardware, firmware, and platforms in-house.

Differentiator

Problem solved

Functional benefit

Brands

• Newton: Electronic Shelf Label (ESL) platform - Newton is SOLUM's flagship ESL product line featuring LED indicators for real-time shelf-level visual guidance.

Products and services

• Newton ESL Platform SOLUM's flagship Electronic Shelf Label platform featuring LED indicators for real-time shelf-level visual guidance, enabling real-time price changes, dynamic pricing, and automated promotions and markdowns in retail environments. Targeted at enterprise retailers seeking to replace manual price tag workflows.
• Display / Digital Signage Solutions Standalone digital signage and display product line for commercial spaces, including Content Management System, Remote Management System, Digital Menu Boards, and Digital Whiteboards, enabling brands to manage content and engage customers in retail, food service, and corporate environments.
• EV Charging Solution Electric vehicle charging hardware built on SoluM's proprietary Power Module electronics, adopted by i-charging for next-generation EV chargers and designed for sustainable e-mobility infrastructure.
• HUD Solution Head-up display technology for automotive applications that delivers real-time information to drivers, targeting vehicle manufacturers and Tier 1 suppliers.
• ESS Solution Energy Storage System solution for storing and managing electrical power across commercial, industrial, and grid-adjacent applications.
• AI Data Center Power Solution Power management solution for AI data center infrastructure featuring high-performance liquid-cooled cooling technology, targeting data center operators and hyperscalers.
• Lighting Solution Lighting solutions for automotive vehicles and commercial facilities, sold to OEMs and commercial property operators.
• Sensor Solution IoT sensor technology products used across industrial and commercial applications, including shopper heatmap sensing, climate sensing, and asset tracking.
• Lifestyle Solution Consumer lifestyle products designed for efficiency and modern living, sold to end consumers through retail and channel partners.

Quantifiable outcome

• Enterprise deployments achieve payback within 12-24 months
• +1 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability2 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core.

• RynlycoreTechnology or Integration · 20 April 2026Strategic partnership combining Rynly's fulfilment orchestration capabilities with SOLUM's Newton ESL platform for enhanced in-store omnichannel fulfilment. The integrated solution uses Newton's LED indicators to provide real-time shelf-level visual guidance, reducing picking errors and search time for store teams. Partnership to be showcased at Retail Technology Show.
• IW TechnologiescoreChannel Partner/ Reseller/ Distributor · 9 April 2026Reseller and deployment agreement where IW Technologies incorporates SOLUM's ESL platform into its product portfolio for retailers. IW handles procurement, deployment, and lifecycle support, extending IW's role beyond point-of-sale to shelf-level pricing execution. Many enterprises projected to see payback within 12-24 months.
• EWQcoreTechnology or Integration · 20 February 2026Expanded strategic partnership integrating in-store digital communication technologies. SOLUM provides electronic shelf labels and digital signage hardware while EWQ provides ScanToPair software solution and EWQ ZONE platform for synchronized product and pricing information through barcode scanning. Initially focused on Nordic region.
• M-CubecoreTechnology or Integration · 19 February 2026Partnership through Memorandum of Understanding integrating M-Cube's digital signage and ESL solutions for European retail customers. SOLUM provides display hardware and ESL capabilities while M-Cube contributes its content management system and managed services. Pilot deployments in Q1 2025 with broader rollout from Q2 2025.
• i-chargingcoreStrategic or Co-development Partner · 19 December 2025Expanded strategic partnership for next-generation electric vehicle charging solutions. i-charging has adopted SOLUM's Power Module for its latest EV chargers and visited SOLUM's Vietnam manufacturing facility. Focus on product development, global market expansion, and sustainable e-mobility solutions built around people-centered innovation.
• SkippifycoreTechnology or IntegrationPartnership to connect real-time shelf communication with smart in-store signage across Europe, enabling integrated shelf-edge and signage solutions for European retailers.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Displaydata: Displaydata is a UK-based ESL specialist focused on full-color graphical electronic shelf labels for premium retail. It competes with SoluM's Newton ESL platform for enterprise retail accounts requiring richer in-store digital merchandising.
• VusionGroup (formerly SES-imagotag): VusionGroup is the global ESL market leader and SoluM's most direct competitor, offering the VUSION Cloud platform and ESL labels to enterprise retailers worldwide. Both companies compete head-to-head for marquee retail accounts and platform-software attach.
• Hanshow Technology: Hanshow is a Chinese ESL and IoT provider competing directly with SoluM in Asian and European retail markets. Both companies offer ESL hardware, retail IoT platforms, and digital signage solutions targeting enterprise retailers.
• Pricer AB: Pricer is a Swedish ESL pioneer offering electronic shelf labels and cloud-based retail solutions to grocery and specialty retailers globally. Both companies compete in the ESL platform category with overlapping retail customer profiles and similar value propositions around dynamic pricing and store efficiency.

Broad incumbents

• Diebold Nixdorf: Diebold Nixdorf is a global provider of retail technology including POS, self-checkout, and store automation hardware. It competes with SoluM in the broader retail technology stack and offers adjacent solutions that retailers may substitute or bundle.
• Samsung Electro-Mechanics: Samsung Electro-Mechanics is the historical parent from which SoluM's power module and tuner divisions were carved out. While not a direct ESL competitor, it remains a benchmark and potential competitive threat in automotive electronics, power modules, and passive components that overlap with SoluM's automotive/power division.
• Zebra Technologies: Zebra Technologies is a large enterprise asset intelligence, barcode, and RFID provider serving retail, logistics, and healthcare. Its retail IoT solutions, scanners, and asset-tracking platforms partially overlap with SoluM's industrial asset tracking, geofencing, and digital picking products.
• LG Electronics (Business Solutions): LG Electronics is a major Korean electronics conglomerate with a large commercial display and digital signage business. It competes with SoluM's Display division in digital menu boards, signage, and interactive whiteboards for retail and QSR customers.

Emerging players

• i-charging: i-charging is a Portuguese EV charging hardware OEM that has adopted SoluM's Power Module for its next-generation chargers. The companies share a strategic co-development partnership, making i-charging both a customer and a reference for SoluM's automotive/power expansion.
• M-Cube: M-Cube is an Italian in-store digital signage and content management provider that has signed an MoU to integrate its CMS with SoluM's ESL and display hardware for European retail. It serves as both a partner and a competing provider of in-store digital media solutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/solumglobal
• LinkedInlinkedin.com/company/solumglobal

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SoluM