[Featured Stock] Mercury Rises on Possible US Ban of Chinese Routers Over Security Threat Concerns
![[Featured Stock] Mercury Rises on Possible US Ban of Chinese Routers Over Security Threat Concerns](http://www.asiae.co.kr/news/img_view.htm?img=2024072208164559128_1721603806.jpg)
Mercury is on the rise. This is interpreted as being influenced by news that the U.S. government is considering banning sales of TP-Link, a Chinese company that dominates more than half of the domestic home Wi-Fi router market, due to national security concerns.
As of 11:21 AM on the 19th, Mercury is trading at 4,200 KRW, up 20.69% from the previous day.
The U.S. government may begin banning the sale of TP-Link routers in the U.S. starting next year. It is highly likely that the ban will be implemented under the second Trump administration, which will take office next month.
Hot Picks Today
"Bought on Company Faith, Got 400% Return" Executive’s Account Swells to 15.9 Billion Won with 13 Billion Won Profit
- Will Stocks Jump First After the War?...Examining the Impact of the Strait of Hormuz Reopening [Weekend Money]
- "People Visit Korea Just for This?" SNS Photo Frenzy...Unexpected Tourist Hotspot for Foreigners [K-Holic]
- "I Almost Missed Out on Hundreds of Thousands of Won... I Was the Only One Who Didn't Know" How to Find Hidden Government Benefits [The Essentials of Benefits]
- Samsung Quietly Prepared for 10 Years and Finally Did It... Surpasses US Giant to Become 'World No. 1'
Meanwhile, Mercury is supplying premium WiFi 6E wireless routers to the North American market as the first overseas model through strategic collaboration with Plume Design Inc., a global smart home Wi-Fi management specialist company.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
