[Featured Stock] IA Networks Rises on Expected Benefits from Abolition of Public Certification

[Asia Economy Reporter Jang Hyowon] IA Networks is showing strength, supported by securities firms' analysis that it will benefit from the passage of the bill abolishing the public certification system.

As of 9:46 AM on the 3rd, IA Networks is trading at 2,035 KRW, up 8.24% from the previous day.

On this day, Kim Taeyeop, a researcher at Hanyang Securities, explained, "With the passage of the Information and Communications Promotion Act related to quantum encryption and communication promotion measures and the bill abolishing the public certification system at the 20th National Assembly plenary session, it is expected to be a great benefit to IA Networks. The QRNG chipset module generates encryption keys based on random numbers, making hacking impossible, and it is expected to be an essential chip for private certificates. Additionally, the government's active investment for quantum promotion is also judged to be very positive for the company."

IA Networks is a company that possesses the world's first QRNG ultra-small module packing technology. It has the capability to pack the QRNG owned by IDQ, a subsidiary of SKT, into an ultra-small size of 2.5mm x 2.5mm. This technology was developed after more than two years of collaboration with IDQ, and the technology entry barrier is considered high.