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[Featured Stock] E8, Focusing on Acquiring Samsung and Naver Digital Twin Technology... Only Domestic Company Achieving Level 3 Implementation Increased

[Featured Stock] E8, Focusing on Acquiring Samsung and Naver Digital Twin Technology... Only Domestic Company Achieving Level 3 Implementation Increased

E8 is showing strength. It is interpreted that this is influenced by news that major domestic companies such as Samsung and Naver are focusing their capabilities on securing digital twin technology.


As of 2:15 PM on the 16th, E8 is trading at 15,680 KRW, up 3.5% compared to the previous day.


According to a media outlet, digital twin technology has recently been spotlighted as a new growth engine for major domestic conglomerates. With companies like Naver, Kakao, Samsung C&T, and Hyundai Motor actively entering the related market and striving to secure technology, the digital twin market is said to be entering a full-scale expansion phase.


Digital twin refers to technology that replicates the structure of real objects or systems identically in a virtual world. It is used to create an exact model to identify potential problems through simulations and to find solutions.


According to global market research firm Fortune Business Insights, the global digital twin market size was estimated at 12.91 billion USD last year. This market is expected to grow to 17.73 billion USD this year and expand to 259.32 billion USD by 2032. The compound annual growth rate (CAGR) during this period is projected to be 39.8%.


Meanwhile, E8 is the only domestic company implementing Level 3 digital twin technology. Digital twin technology exists from Level 1 to 3, with higher levels indicating greater difficulty and higher added value. The Level 3 digital twin stage that E8 operates implements reality with over 90% accuracy, making it a market that only a few companies can handle.


Lee Jun-seok, a researcher at Hanyang Securities, said, "E8 has independently developed particle-based simulation technology, which is rare in global commercialization, and is increasing its market share. It has secured digital twin projects for smart city initiatives in Sejong and Busan, and is generating sales by applying digital twin technology in various industries such as secondary batteries, autonomous driving, construction, and defense. Recently, digital twin technology is being reviewed as a method to improve semiconductor process yield, so interest is expected to increase in the future."


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