On the 20th, Eugene Investment & Securities expressed expectations that Sunic System will sign an 8.6G OLED supply contract with Chinese company B.
Jongseon Park, a researcher at Eugene Investment & Securities, explained, "It is known that the contract for the selection of suppliers for the 8.6G OLED investment to respond to Chinese company B's IT-OLED market is imminent," adding, "Sunic System is expected to secure orders for deposition equipment related to this investment."
He continued, "Chinese company B plans to expand its production capacity up to 32K monthly by 2029," and added, "This will contribute to Sunic System's mid- to long-term performance growth over the next 5 to 6 years."
Researcher Park analyzed, "Sunic System has strengths in the aligner sector installed inside the chamber," and estimated, "It is expected to achieve sales of 120.8 billion KRW and an operating profit of 14.2 billion KRW this year." He further emphasized, "Next year, sales are expected to reach 138 billion KRW and operating profit 19 billion KRW," highlighting that "these figures represent increases of 14.3% and 34.0%, respectively, compared to this year's estimates."
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