Korea Advanced Materials surged early on September 14, hitting its daily limit.
As of 9:26 a.m., the company's stock was trading at 2,585 won, up 595 won (29.90%) from the previous trading day.
The company possesses expertise in supplying interferometer modules for global quantum cryptography systems, focusing on precise optical path control and fiber coupling, alignment, and packaging technologies.
Recently, it has concentrated on enhancing and commercializing key optical components necessary for quantum communication systems, including splitters, couplers, integrated interferometers, and fiber interconnection modules based on planar lightwave circuits (PLC).
The stock's rise is attributed to reports of ongoing discussions with global companies regarding the application and commercialization of new products for next-generation optical communication.
As the company transitions from the development phase to commercialization, it plans to intensify collaborations aimed at expanding its presence in the global market.
A representative from Korea Advanced Materials stated, "We aim to broaden our business scope into quantum communication and next-generation optical communication based on our accumulated PLC and optical packaging technologies in data centers and ultra-high-speed optical communication. The advancement of core optical component technologies for quantum communication, negotiations for the commercialization of next-generation products, and the establishment of mass production supply chains will further strengthen our foundation for growth as a global optical component specialist."
* This article has been translated by AI.
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