[Special Stock] Seongho Electronics Sets New High After Supplying Capacitors to World No.1 Delta

[Asia Economy Reporter Lee Seon-ae] Seongho Electronics has reached a new high following news that it will supply solar capacitors to Taiwan's Delta Electronics.

As of 9:34 AM on the 5th, Seongho Electronics is trading at 2,170 KRW, up 22.60% from the previous trading day. During the session, the price surged to 2,295 KRW, marking a 52-week high.

Seongho Electronics announced that it has received approval to supply capacitors for solar inverters to Taiwan's Delta Electronics. Delta Electronics is a Taiwanese company that manufactures power conversion devices such as inverters and converters, ranking first in the world. The capacitors that Seongho Electronics will start supplying in the first half of the year are enhanced for heat control performance and stability, and are expected to be applied to next-generation solar inverters without cooling fans. Capacitors are considered one of the key components that determine the lifespan and power generation efficiency of solar power systems.