[Market Focus] Lanix Hits Upper Limit on News of Product Commercialization Partnership with Boyhenghua in China

Lanix hit the upper price limit in early trading on May 27.

At 9:07 a.m. that day, Lanix surged by 29.91% (700 KRW) compared to the previous day, reaching the upper limit price of 3,040 KRW.

This rally is believed to have been driven by improved investor sentiment after Lanix announced that it had established a cooperative framework with Boyhenghua Technology Co., Ltd., a leading automotive electronics company based in Beijing, China, for the commercialization of automotive network MCUs.

Lanix specializes in automotive communication semiconductors and develops dedicated microcontrollers (MCUs) for high-speed communication in high-performance vehicles. Through this agreement, the company plans to jointly develop network modules in various fields, including vehicle network gateways, sensor hubs, infotainment sub-networks, DCUs, and TCUs, and to expand its business by marketing and technical cooperation targeting automakers in China.

Currently, Lanix is also accelerating the development of hybrid security solutions that incorporate PQC (post-quantum cryptography) technology. On May 13, Lanix announced that it is developing a 'high-speed security accelerator engine' by integrating the international standard quantum-resistant algorithm ML-DSA into its proprietary high-speed ECDSA (Elliptic Curve Digital Signature Algorithm) signature verification platform. This engine aims to process thousands of signature verifications per second and will provide a quantum-resistant security solution capable of countering hacking attempts based on quantum computing.