[Market Focus] Ivisionworks Hits Upper Limit on Patent Application for Glass Substrate Crack Prevention Technology

On December 2, Ivisionworks hit the upper price limit in early trading. News of a patent application related to glass substrates appears to have fueled investor sentiment.

As of 9:23 a.m. on this day, Ivisionworks shares were trading at 1,509 won on the KOSDAQ market, up 29.97%, the maximum daily increase. The stock started trading at 1,257 won and quickly expanded its gains, reaching the upper limit.

On this day, Ivisionworks announced that it had filed a patent for a technology to inspect microcrack defects in glass substrates. Microcracks are fine fissures that occur during the post-processing of glass substrates and are considered one of the most challenging issues in the field. The newly filed patent covers an optical inspection technology that can precisely detect microcrack defects in glass substrates. According to the company, this technology inspects for residual microcracks after TGV (Through Glass Via) hole processing, which can help prevent substrate breakage during manufacturing.

Ivisionworks stated that, in the short term, it plans to secure customer references for glass substrates to lay the groundwork for entering the global market. In the medium term, the company aims to enhance its inspection functions and build a customized portfolio for its clients.