The stock price of Megatouch is showing strong performance. This appears to be due to the company's exclusive supply of test components to the three major battery manufacturers: LG Energy Solution, Samsung SDI, and SK Innovation.
As of 10:55 a.m. on October 24, the stock price of Megatouch was 4,220 won, up 5.24% from the previous day.
Megatouch is a manufacturer that produces pins used in the battery formation process. The formation process activates battery cells and imparts electrical properties, during which pins are used as consumables. Megatouch's products can be applied to all types of batteries produced by the three major domestic battery manufacturers, including prismatic, cylindrical, and polymer batteries. Megatouch exclusively supplies the charge and discharge test pins for these companies.
As all-solid-state batteries, which are essential for the mass production of not only electric vehicles but also humanoid robots, have come back into the spotlight, Megatouch's stock price has also been positively affected. Megatouch possesses the technology to apply its battery pins to next-generation products such as all-solid-state batteries and sodium-ion batteries.
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