Raicom is showing strong performance.
As of 9:03 AM on the 24th, Raicom is trading at 2,165 KRW on the KOSDAQ market, up 270 KRW (14.25%) from the previous day.
Expectations of a recovery in the automotive industry are driving Raicom's stock price upward.
Raicom is a company that manufactures and sells optical network modules such as optical amplifiers, optical transceivers, and optical repeaters.
They have developed and supplied non-telecommunication optical amplifiers (sensing) and commercialized the world's first P&P optical amplifier for telecommunications, which can be directly attached to network equipment slots and applied without limitations.
Recently, news has emerged that Hyundai Mobis' level 4 autonomous driving demonstration vehicle, developed in collaboration with domestic automotive software partners, will begin test operations this month in the Songdo and Yeongjongdo areas of Incheon Metropolitan City, boosting Raicom's stock price.
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