Iljin Electric is showing strong performance. As stocks related to 'room-temperature superconductors' surged, Iljin Electric, which manufactures superconducting powder and wire, is also believed to have been affected.
As of 10:59 AM on the 2nd, Iljin Electric is trading at 11,310 KRW, up 9.59% compared to the previous day.
On the 22nd, a paper about superconductors exhibiting superconductivity under room temperature and atmospheric pressure conditions was posted on the preprint site 'arXiv.' The authors include Seokbae Lee, CEO of Quantum Energy Research Institute, company researchers, Youngwan Kwon, research professor at Korea University, Geunho Oh, emeritus professor at Hanyang University, and Hyuntak Kim, PhD, who worked at the Electronics and Telecommunications Research Institute (ETRI) until last year.
Room-temperature superconductors have long been a dream in the scientific community. Superconductivity refers to the phenomenon where electrical resistance in metals and other materials drops to zero below a certain temperature. Eliminating electrical resistance reduces energy loss caused by resistance, making it highly applicable in maglev trains, power grids, and more. However, currently, superconductivity can only be realized under extremely low temperatures or ultra-high pressures, limiting its practical use.
Meanwhile, Iljin Electric is a comprehensive heavy electrical equipment company producing various voltage wires ranging from low to ultra-high voltage, transformers, circuit breakers, and other power system equipment. According to its business report, one of its business objectives is the manufacturing and sales of superconducting powder and wire.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
