Oisolution is showing strong performance. This is interpreted as highlighting the fact that the U.S. House of Representatives has passed a series of 'China-bashing' bills, and Oisolution plans to supply optical transceiver products to major U.S. network equipment companies.
As of 1:28 PM on the 11th, Oisolution is trading at 10,900 KRW, up 2.93% from the previous day.
According to industry sources, on the 9th (local time), the U.S. House of Representatives passed a series of bills aimed at curbing China, including restricting the activities of Chinese biotech companies, drone manufacturers, and electric vehicle battery firms within the U.S.
The U.S. passed these bills under the pretext of protecting sensitive data from China and addressing national security threats. Among the 26 bills passed that day, 10 related to China received overwhelming support, passing with almost no opposition.
In particular, the 'Router Act,' which aims to study national security risks posed by consumer routers and modems, also passed the House on that day.
Meanwhile, Oisolution is engaged in research and development, manufacturing, and sales of electronic, electrical, and information communication products. Its main product is the optical transceiver, a core component that enables optical communication by converting electrical signals to optical signals and vice versa in optical communication devices such as high-capacity routers and switches. Recently, it completed new product approval with a major U.S. network equipment company, and sales of the product are expected to begin in the fourth quarter of this year.
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