[Market Focus] YJ Link Surges as Tesla Purchasing Manager Visits New Mexico Plant

YJ Link is showing strong performance. This is believed to be influenced by news that Tesla's purchasing manager visited the company's new plant in Mexico.

As of 1:35 p.m. on August 20, YJ Link was trading at 6,840 won, up 7.55% from the previous day.

According to industry sources, YJ Link has completed construction of a new SMT (Surface Mount Technology) equipment manufacturing plant in Guadalajara, Mexico. The Mexican plant, which received an investment of 15.5 billion won, covers 7,272 square meters (2,200 pyeong) and includes both manufacturing lines and a logistics center. It can produce up to 300 SMT machines per month.

Mexico is emerging as a blue ocean in the SMT market, as it is home not only to electronics manufacturing service providers such as Foxconn and Jabil, but also to automotive electronics companies like Continental. YJ Link is targeting these companies to increase sales, as well as to achieve cost savings through reduced logistics expenses and alleviated tariff burdens.

YJ Link held a completion ceremony for the Mexican plant, inviting clients and distributor representatives. It is reported that Tesla's purchasing manager also visited, expressing surprise at the scale of the plant and stating, "Congratulations on the completion of the Mexican plant. I hope you will continue to grow and expand globally in the future."

YJ Link's Mexican plant has already been registered as a supplier to Hyundai Mobis. With the addition of the Mexican facility, YJ Link plans to actively target EMS (electronics manufacturing services) companies such as Foxconn, Jabil, and Flex, as well as automotive electronics firms like Continental and ZF.