The stock price of Samhwa Electric is on the rise. A strong turnaround began in the first quarter of this year, and the expectation that high growth will continue seems to be influencing the stock price.
As of 10:12 AM on the 13th, Samhwa Electric is trading at 79,500 KRW, up 13.57% from the previous day. During the session, it rose to 79,800 KRW, marking a 52-week high.
Minjung Kwak, a researcher at Hyundai Motor Securities, stated, "It is important to note that Micron recently mentioned that the adoption of quadruple-level cell (QLC) enterprise solid-state drives (eSSD) in PCs for implementing artificial intelligence (AI) is currently around 20-25% and is expected to increase sharply this year." She added, "Samhwa Electric's S-cap market for eSSD is expected to continuously grow alongside the increase in the AI server market."
She continued, "The hybrid capacitor market for automotive applications is dominated by Japanese companies with over 90% market share, and due to the increasing demand for high reliability and high efficiency in automotive applications, it is expected to grow globally at an average annual rate of 40%, forming a market worth approximately 182 billion KRW by 2025." She added, "Production capacity is expected to expand continuously until 2026, significantly increasing the production capability of hybrid capacitors."
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