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    A005930   KR7005930003

SAMSUNG ELECTRONICS CO., LTD.

(A005930)
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Samsung Electronics : Tech startup selects Melitron for smart parking kiosks

09/23/2021 | 01:16pm EDT

ParkCo, a Kitchener, Ontario tech startup and spinoff of Momentum Developments, has selected Melitron Corp. of Guelph to manufacture smart kiosks featuring high definition Samsung digital displays for ParkCo's InsightPay "tap-and-go" cashless, paperless parking lot solution, according to a press release. Digital kiosks have already been installed at a high rise in Kitchener'sInnovation District with more locations planned across southwestern Ontario.

"The parking industry is known for its antiquated, bulky hardware," Bryan Hopps, CEO at ParkCo, said in the press release. "Melitron's digital signage and kiosk designs fit with our vision perfectly."

ParkCo's installed its first Melitron kiosk installation recently at a mixed use high rise at 1 Victoria Street in downtown Kitchener. Melitron outdoor Tablet series kiosks featuring single Samsung 55-inch high definition displays are located just inside the parking lot entrance and exit.

Visitors are welcomed with digital promotional content and parking instructions on the kiosk's screen, then tap their credit card upon entry and exit with time stamps and payment processed automatically through a secure, fully integrated Monex group payment system.

Private parking entry and exit for residents and office goers is automated using license plate recognition cameras as part of ParkCo's InsightSecure solution. ParkCo also offers wayfinding solutions and occupancy metrics.

InsightPay can be used in tandem with ParkCo's InsightDetect analytics platform, an intelligent AI engine that learns parking lot usage patterns, allowing owners to choose to sell more parking passes in the case of public, semi-private or mixed use lots.

The kiosks stand at just over 64 inches in height, and are dent and scratch resistant with a steel frame, aluminum panels and powder-coated finish.

Copyright © 2021 Networld Media. All rights reserved., source Industry News

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Financials
Sales 2021 274 622 B 232 B 232 B
Net income 2021 39 442 B 33,4 B 33,4 B
Net cash 2021 108 421 B 91,7 B 91,7 B
P/E ratio 2021 11,8x
Yield 2021 2,06%
Capitalization 471 558 B 399 B 399 B
EV / Sales 2021 1,32x
EV / Sales 2022 1,15x
Nbr of Employees -
Free-Float 82,7%
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Number of Analysts 40
Last Close Price 70 100,00 KRW
Average target price 99 230,77 KRW
Spread / Average Target 41,6%
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Hyun-Suk Kim Co-President, Co-CEO & Director
Dongjin Koh Co-President, Co-CEO & Director
Kinam Kim President, Co-CEO & Director
Tae Moon Roh Co-President & Head-Research & Development
Hee-Chan Roh Chief Financial Officer
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