[Click eStock] "PineMTech, Beneficiary of Apple Foldable Device"

Stunning Value Research analyzed Fine M Tech on the 16th as the biggest beneficiary stock of Apple’s foldable devices. No investment opinion or target price was provided.

Yeongdae Jeon, a researcher at Stunning Value Research, stated, "On May 11th this year, a Taiwanese IT specialized media reported that Apple signed a contract with Samsung Display to supply panels for foldable devices," adding, "Accordingly, Fine M Tech, the exclusive inbuilt hinge supplier for Samsung Display, is expected to also benefit in the hinge segment."

He explained, "The most important core components of foldable device parts are the internal and external hinges," and added, "The concept of folding in foldable devices cannot be realized without internal and external hinges, making them the most crucial core components." He emphasized, "Among domestic companies, Fine M Tech is the only company capable of producing both internal and external hinges."

He said, "Fine M Tech has been involved with Samsung Display from the early development stages of the internal hinge," and added, "It is currently supplying exclusively to Samsung Display." He further noted, "It is judged that Fine M Tech will be the biggest beneficiary of Samsung and Apple's foldable expansion policies."