Valuefinder stated on the 13th that Jaeyoung Solutek is a company recognized by major clients for its strengths, including being the only domestic manufacturer capable of mass-producing all types of actuators, yield stabilization, and technical expertise.
Jaeyoung Solutek is a specialized manufacturer of actuators, a core component of smartphone cameras. At Jaeyoung Vina, located in Bac Ninh City, Vietnam, with an area of 3,200 pyeong, it is capable of producing 22.2 million actuators per month.
Researcher Lee Choongheon of Valuefinder said, "The adoption of OIS models, which have the highest unit price among actuators, is gradually expanding," and added, "Since last October, the company's OIS has started to be supplied to the 'Galaxy S23 FE.'"
Lee said, "According to the industry, the total shipment volume of Galaxy smartphones next year is expected to be 253 million units, and especially the flagship S24 series is expected to increase by more than 10% compared to its predecessor," adding, "Jaeyoung Solutek aims to raise the OIS sales ratio from the current approximately 30% to around 60%."
The mold business division, which engages in mold manufacturing and plastic product injection, is reducing losses through restructuring. The researcher predicted that next year, due to increased demand for logistics equipment from secondary battery companies, the supply of plastic trays and logistics pallets is expected to increase.
Meanwhile, the researcher judged that due to the high proportion of overhang, the company's will and actions will be important for future stock price stabilization and increase. He explained that the company has maintained a friendly relationship with holders of the 12th convertible bonds since the past, and that CEO Kim Seungjae of Jaeyoung Solutek has steadily increased his holding ratio nine times since 2021.
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