[Asia Economy Reporter Hyunseok Yoo] HB Technology is showing strong performance. It appears to be influenced by the news that Samsung Display has started mass production of Quantum Dot Organic Light Emitting Diode (QD-OLED) displays.
As of 2:27 PM on the 1st, HB Technology was trading at 2,215 KRW, up 8.05% (165 KRW) compared to the previous trading day.
Samsung Display held a shipment ceremony on the 30th of last month at the Q1 line of the Asan Campus in Chungnam to commemorate the mass production of QD-OLED. QD-OLED is a display that utilizes inorganic quantum dot materials. It boasts excellent color reproduction and the advantage of providing the same image quality from any viewing angle as when viewed head-on.
Samsung Electronics Vice Chairman Lee Jae-yong personally announced in 2019 at the Asan plant that a total of 13.1 trillion KRW would be invested by 2025 in building QD display production facilities and research and development.
Meanwhile, HB Technology signed a display inspection equipment supply contract worth 59.5 billion KRW with Samsung Display last year.
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