Korea Computer Center
Stock performance
History
The Korea Computer Center was founded in 1990 as North Korea's main state information-technology research institution. It developed the Red Star operating system, North Korea's own Linux-based operating system, and administers the country's '.kp' internet domain.
Business model
The center develops software for government and domestic use, including the Naenara web portal it runs, and has historically done software and animation work for foreign clients through overseas branches and partners.
Market position
The Korea Computer Center is North Korea's leading IT organization in a sector that is almost entirely state-controlled.
Country impact
The center is central to the state's tightly controlled domestic intranet, which most North Koreans use instead of the global internet, and to the government's efforts to build an IT industry that can earn foreign currency despite international sanctions.