[Hot Stock] MDS Tech Rises on "Samsung's ARM Acquisition Push"

[Asia Economy Reporter Hwang Junho] MDS Tech is gaining momentum in the stock market on the 22nd.

As of 9:29 a.m. that day, MDS Tech recorded 16,000 won, up 3.56% from the previous close.

It is analyzed that MDS Tech, which has a strategic partnership with ARM, is being highlighted as Samsung Electronics is expected to jump into acquiring the UK semiconductor design company ARM.

The two companies agreed in 2020 to cooperate in various fields such as ARM's semiconductor software development tools and virtual platforms.