[Click eStock] "PineMTech, Benefiting from Foldable Ecosystem Expansion"

Hana Securities analyzed on the 24th that Fine M Tech is a direct beneficiary of the expansion of the foldable ecosystem.

Choi Jae-ho, a researcher at Hana Securities, stated in a report on the same day, "Fine M Tech holds a dominant market share among domestic leading display companies, supplying built-in hinges for foldable smartphones, and from this year, it has been selected as a dual supplier for external hinges, with product mass production having started." He explained, "With new orders for wearable devices, the contribution of sales from external hinges is gradually increasing."

Researcher Choi Jae-ho analyzed, "With the expected launch of a new slim foldable smartphone by the end of this year, and considering the anticipated increase in shipments of foldable models for new applications such as entry-level foldable smartphones, tablets, and laptops, the trend of rising performance due to an increase in launched models (Q) is seen as a foregone conclusion."

He also stated, "Additionally, the company plans to develop new parts for foldable smartphones and expand production lines in response to customer requests," and forecasted, "Ultimately, within the foldable ecosystem, the reliance on existing built-in hinges will decrease, and the benefit intensity from external hinges and new parts will continuously increase."