[Market Focus] Optrontec Jumps 10% on News of Supplying Parts for North American Self-Driving Cars

Optrontec is showing strong performance in early trading.

As of 9:10 a.m. on January 14, Optrontec is trading at 1,936 won, up 180 won or 10.25% from the previous day.

Investor sentiment appears to have been boosted by news that the company has secured a contract to supply core automotive components to a major North American automaker. The supply volume is set at 150,000 units per month, and full-scale mass production will begin this month through automated production lines. Leveraging this contract, the company aims to grow as a partner to global clients in the fully self-driving (FSD) and physical AI markets.

Optrontec, a company specializing in optical solutions, is launching a new OIS (optical image stabilization) business in addition to its existing lens, filter, and actuator businesses. The company also plans to reduce its production workforce from the current peak of 2,500 employees to below 1,500 through automation investments.