[Click e-Stock] "Deoksan Neolux to Reflect Hyundai Heavy Industries Turbo Machinery Performance"

On June 2, iM Securities analyzed that Deoksan Neolux will begin to fully reflect the performance of Hyundai Heavy Industries Turbo Machinery.

Jung Wonseok, a researcher at iM Securities, explained, "On December 6 last year, the company acquired a 59.7% stake in Hyundai Heavy Industries Turbo Machinery," and added, "From the second quarter of this year, the results will be consolidated."

He continued, "Hyundai Heavy Industries Turbo Machinery operates a value chain that covers everything from product development, design, manufacturing, commissioning, and maintenance services for industrial and marine turbo machinery such as pumps, compressors, and steam turbines," and added, "Recently, the company secured new orders related to the localization of pumps for liquefied natural gas (LNG) and crude oil vessels, as well as overseas nuclear power projects and cryogenic pumps."

He emphasized, "Considering the increase in order backlog, it will serve as a stable cash cow."

Researcher Jung analyzed, "The world's first commercialized polarizer-free OLED by Samsung Display reduces panel thickness to enhance flexibility and increases light transmittance to lower power consumption," and added, "To achieve this, the application of black PDL, which Deoksan Neolux exclusively supplies, is essential."

He continued, "Currently, black PDL is applied only in a limited way to the Galaxy Z Fold," and predicted, "Starting with the Galaxy S26 Ultra and the iPhone foldable smartphone, which are scheduled for release in the first and second half of next year respectively, the application of this technology will gradually expand."