[Featured Stock] 'Autonomous Robot Sales Expectations'... Robotis Up 3.71%

The stock price of Robotis, a specialized company in actuators (for driving) for robots, is on the rise as full-scale sales are expected in the new business field of autonomous mobile robots (AMR).

As of 10:06 AM on the 24th, Robotis was trading at 20,950 KRW, up 750 KRW (3.71%) from the previous trading day.

Seonghwan Kim, a researcher at Bukuk Securities, said about Robotis on the day, "The effect of the launch of the new product (DYNAMIXEL-Y) from the actuator division, which is the main business next year, is reflected. Sales are expected to continue a high growth rate of about 25-30% compared to the previous year," adding, "In the case of the new business of autonomous mobile robots, it is highly likely that supply will be in full swing from next year targeting LG Electronics (the second largest shareholder), which will improve profitability."

He also said, "Reflecting this, the annual expected sales for next year will conservatively exceed 40 billion KRW," and added, "Considering the mass production target timing of global humanoid companies, mid- to long-term benefits are judged to be possible."