[Featured Stock] Hankook Advanced Materials Rises 14% Early Session
The stock price of Korea Advanced Materials, a specialist in optical communication, is showing an upward trend in early trading.
As of 9:17 AM on the 20th, Korea Advanced Materials' stock price recorded 6,100 KRW, up 14.23% compared to the previous day.
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With growing interest in quantum cryptography communication due to the possibility of early deployment of quantum computers, investment sentiment has poured into optical communication companies. In particular, Korea Advanced Materials recently signed a contract with the Electronics and Telecommunications Research Institute (ETRI) for the development of the transmitter, a core component of the wired Quantum Key Distribution (QKD) system. This news is interpreted as an additional positive factor.
![[Featured Stock] Hankook Advanced Materials Rises 14% Early Session](http://www.asiae.co.kr/news/img_view.htm?img=2024072208164559128_1721603806.jpg)
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