[Market Focus] Saekyung Hi-Tech Surges on Exclusive Foldable Phone Film Supply to Samsung Display Amid Apple Foldable Hopes

Saekyung Hi-Tech is showing strong performance. With expectations that Apple will release a foldable iPhone, attention is being drawn to the fact that Saekyung Hi-Tech is the exclusive supplier of foldable phone films to Samsung Display, which supplies foldable OLEDs.

As of 1:43 p.m. on July 21, Saekyung Hi-Tech was trading at 7,200 won, up 9.92% from the previous day.

According to Saekyung Hi-Tech's website, the company supplies foldable phone films exclusively to Samsung Display. Samsung Display is reportedly the exclusive supplier of OLEDs for Apple's first foldable iPhone.

Meanwhile, Saekyung Hi-Tech is a film specialist company that manufactures functional films for displays and components of small and medium-sized IT devices.