[Featured Stock] 'TGV Equipment Leader' Philoptics Rises Over 3%

The stock price of Philoptics, expected to maintain its leading position in glass via hole (TGV) equipment, is on the rise. It is also encouraging that the fastest revenue recognition for glass substrates in the industry is occurring as the company recently delivered related equipment to domestic and international clients.

As of 9:21 a.m. on the 13th, Philoptics was trading at 46,650 KRW, up 1,400 KRW (3.09%) from the previous trading day.

On this day, Hyundai Motor Securities evaluated Philoptics, stating, "They have established an equipment portfolio including TGV and singulation, and are delivering related equipment to domestic and international clients. The fastest revenue recognition is occurring within the glass core substrate value chain."

Researcher Kim Jong-bae of Hyundai Motor Securities explained, "Based on OLED technology held since 2019, they developed TGV equipment. Last year, they succeeded in the first domestic mass production of TGV." He added, "One unit each of TGV equipment was delivered to a global glass panel company and a glass substrate company."

He further stated, "They are currently discussing expanding shipments of TGV and singulation equipment with existing clients," and "They continue to respond to technical requests."

Researcher Kim noted, "Since the sales scale of glass substrate-related equipment is not yet large compared to the existing core business, it is difficult to expect short-term performance," but also evaluated, "It is certainly encouraging that they proactively shipped equipment by leveraging their technological capabilities in the core TGV process."