[Asia Economy Reporter Lee Seon-ae] As expectations for the creation of a metaverse ecosystem as a core infrastructure are forming, 5G equipment-related stocks are showing strong performance.
At 10:15 AM on the 24th, RFHIC was trading at 33,050 KRW, up 6.10% compared to the previous trading day. It surged to as high as 34,250 KRW early in the session. Solid recorded a 7.88% increase, trading at 7,260 KRW, also reaching a high of 7,600 KRW. In addition, 5G equipment-related stocks such as KMw, Innowireless, and Dasan Networks are all showing strong gains, with an average increase of about 7%.
Kim Hong-sik, a researcher at Hana Financial Investment, stated in a report on the day, "Metaverse and blockchain, which have recently attracted attention in the stock market, are representative services operating based on 5G," and analyzed, "If 5G SA (Standalone Mode) is realized in 2022, 5G equipment stocks are highly likely to emerge as related stocks."
On the 25th, Minister Lim Hye-sook of the Ministry of Science and ICT and CEOs of the three mobile carriers are scheduled to meet regarding the pilot commercialization of the rural 5G shared network.
Choi Nam-gon, a researcher at Yuanta Securities, predicted, "Through this meeting, Minister Lim is expected to encourage the CEOs of the three telecom companies to activate 5G investment and promote investment in the 28GHz band," adding, "As the atmosphere encouraging network investment continues, it is likely to lead to an expansion of opportunities in the telecommunications equipment sector."
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