Samhyeon Hits Record High After Listing, Corporate Value Grows on Robotics Technology

Record High of 28,150 Won on the 10th
Market Capitalization Surpasses 860 Billion Won
Up from 320 Billion Won at Initial Public Offering

Samhyeon, which entered the KOSDAQ market in March last year, has reached an all-time high since its listing. Its market capitalization has soared from 320 billion won at the IPO price to 860 billion won. As expectations for the growth of the robotics industry increase in the domestic stock market, Samhyeon is being re-evaluated as a robotics component company.

According to the financial investment industry on October 13, Samhyeon's stock price has risen by 195% so far this year. The share price, which was below 10,000 won at the end of last year, has surpassed 27,000 won. On the 10th, it hit an intraday high of 28,150 won, setting a new record since its listing.

Samhyeon, a motion control manufacturer founded in September 1988, produces motors, controllers, reducers, and smart actuators that modularize and integrate these components. These are applied to automotive electronic components, unmanned defense systems, joint modules for intelligent robots, and drive modules. The smart actuator, which integrates controllers and reducers, functions as a system that enables precise movement. In the first half of this year, the company posted cumulative sales of 51.2 billion won and an operating profit of 3.4 billion won.

In the robotics sector, demand for industrial robots and collaborative robots is increasing. Samhyeon succeeded in developing joint motors for robots and drive motors for smart robot chairs. It was the first in Korea to develop a high-load autonomous mobile robot (HAMR) for smart factories.

According to Business Research Insights, the autonomous mobile robot (AMR) market is projected to grow from about $4.51 billion in 2024 to $18.54 billion by 2033.

The high-load autonomous mobile robot developed by Samhyeon features a quadruple safety system that combines 3D LiDAR, vision, ultrasonic, and bumper sensor technologies. It is expected to demonstrate immediate competitiveness not only in manufacturing sites but also in logistics and shipyards. The company has established a product lineup capable of transporting loads ranging from a minimum of 3 tons to a maximum of 10 tons.

Lim Eunyoung, a researcher at Samsung Securities, explained, "Samhyeon is expanding its business areas into robotics, defense, and urban air mobility based on its proven quality, price competitiveness, and durability in the automotive industry," adding, "With the internalization of core technologies, Samhyeon is an actuator company expected to achieve high growth in the era of physical artificial intelligence (AI)."

She continued, "As of the end of the first half of this year, new order volume stood at 1.3 trillion won," and added, "We expect to secure actuator orders for overseas humanoid robot companies in the second half of this year."

Park Giwon, CEO of Samhyeon, stated, "We plan to expand from being a supplier of physical artificial intelligence components to a platform company, promoting Samhyeon's brand and technological capabilities on the global stage," and added, "We are in concrete discussions for order contracts with global companies."