[Featured Stock] Philoptics Applies Industry-First Inline Technology with Samsung SDI... Equipment Supply Highlighted Upward

[Asia Economy Reporter Jang Hyowon] Philoptics is showing strong performance. This is interpreted as being due to Samsung SDI applying in-line technology to prismatic batteries and using Philoptics' subsidiary Phil Energy's equipment.

As of 10:13 AM on the 14th, Philoptics is trading at 8,670 KRW, up 7.99% compared to the previous day.

According to industry sources on the day, Samsung SDI is applying in-line technology to prismatic, a manufacturing method for medium and large batteries. As a result, expectations are growing that Samsung SDI's productivity will improve by 20-30%. The in-line equipment is known to be supplied by mid-sized battery equipment company Phil Energy.

Phil Energy is a subsidiary of Philoptics and received an investment of 5 billion KRW from Samsung SDI in September 2020. Philoptics holds 80% of Phil Energy's shares, while Samsung SDI holds 20%.