[Market Focus] Halla Cast Surges on 1 Trillion Won Orders, Highlighting Global AI Automotive and Robotics Clients

Halla Cast shares are showing strong performance. The company is being praised for its solid order backlog, which is based on global artificial intelligence (AI) automotive companies and robotics clients, leading to positive expectations for future growth potential.

As of 9:14 a.m. on September 23, Halla Cast shares were trading at 7,290 won, up 3.55% from the previous day.

Anticipation of benefits from the expanding demand in emerging industries such as autonomous vehicles and humanoid robots appears to be driving this momentum. Established in 1996, Halla Cast has entered the electronics and robotics parts industries, including autonomous driving, leveraging its proprietary technology in aluminum and magnesium component manufacturing. Recently, the company was registered as a first-tier supplier to a global AI automotive company and is now developing electric conversion devices, humanoid robots, and robotaxi components.

As of June this year, Halla Cast's order backlog exceeded 1 trillion won, which is considered a key competitive advantage. The company is expected to continue delivering results across various business sectors, including automotive displays, autonomous driving, and robotics. Mass production is scheduled to begin next month, with the company currently in the sample delivery phase. Due to high product quality and mass production competitiveness, order volumes are steadily increasing and are expected to be fully reflected in revenue from this year onward.