[Special Stock] Philoptics Hits New High on News of Samsung's Entry into Glass Substrate Business

Philoptics surged more than 13%, hitting a new 52-week high.

As of 9:22 AM on the 7th, Philoptics was trading at 43,550 KRW, up 13.71% (5,250 KRW) from the previous day. This marks the third consecutive day of gains. During the session, the stock price soared to 44,950 KRW, setting a new 52-week high.

The rise in the stock price is attributed to news of Samsung Electronics entering the glass substrate business. Reports have emerged that Samsung Electronics is collaborating with multiple materials, parts, and equipment (SoBuJang) companies to produce semiconductor glass substrates, leading related stocks to show recent strength. Discussions are reportedly being led by the purchasing team within Samsung's semiconductor business division (DS), with plans to establish a unique, independent supply chain for Samsung.

Foreign and institutional investors have also shown notable buying interest. Over the past month, foreigners and institutions have net purchased 269,000 shares and 374,000 shares, respectively. Meanwhile, individual investors have net sold 523,000 shares.