[Click e-Stock] "Korea PIM Enters Growth Industries with High Value-Added Products"

On May 27, Kiwoom Securities projected that Korea PIM would begin full-scale growth starting this year. The company is expected to achieve results as it enters growth industries such as robotics and autonomous driving with high value-added products. It is estimated that Korea PIM will achieve sales of 48 billion KRW and operating profit of 6.6 billion KRW this year. These figures represent increases of 28% and 82%, respectively, compared to the previous year.

Oh Hyunjin, a researcher at Kiwoom Securities, explained, "For new growth industries such as robotics and autonomous driving, the advancement of component materials is essential to expand the market," and added, "This is because the more advanced the materials are, allowing components to be made smaller and lighter, the higher the level of completion for the finished product."

He continued, "Titanium materials are in high demand across various industries due to their lightweight and robust physical properties," but added, "There are significant challenges in applying them due to high costs and processing difficulties." He emphasized, "Korea PIM is actively engaged in the titanium materials business based on its technological capabilities," and, "The company possesses mass production technology for metal injection molding (MIM) using titanium materials."

Researcher Oh analyzed, "The company is currently developing reducer components for logistics robots for major domestic clients," and, "After commercializing certain items, the goal is to apply them to mass production next year." He explained, "Humanoid robot products also require high control capabilities and must withstand a certain level of load," and, "There will be strong demand for titanium manufacturing technology." He further added, "Following the preliminary development of reducer components for humanoid robots with global companies, discussions are underway regarding product supply."