[Click eStock] "PineMTech, the Biggest Beneficiary in the Foldable Ecosystem"

Hanyang Securities forecasted on the 16th that Fine M Tech will emerge as the biggest beneficiary as the foldable ecosystem expands.

Lee Joon-seok, a researcher at Hanyang Securities, stated in a report on the same day, "Over the past weekend, multiple media outlets reported that North American smartphone companies will launch foldable devices by the end of next year," adding, "It is understood that foldable smartphones are also scheduled following the launch of new foldable applications by the end of next year."

Researcher Lee said, "Fine M Tech is the number one company in built-in hinge technology, which can be considered core to foldables, and recently secured external hinge technology as well," and analyzed, "Even when expanding globally, the company's technology is outstanding, so related benefits are expected."

He explained, "In the 2010s, the smartphone market boom led to a significant rise in related stocks," and added, "The launch of foldable devices by North American clients is also expected to have considerable ripple effects in the future."

He continued, "Fine M Tech is expected to record sales of 588.9 billion KRW and operating profit of 36.8 billion KRW this year, representing increases of 55% and 81.1% respectively compared to the previous year," and forecasted, "The launch of entry-level models by client companies is an essential option for increasing market share, so it is considered a matter of scale rather than timing, and future revenue from this is also anticipated."