[Market Feature] Megatouch Gains on Exclusive Supply of Test Pins to Top 3 Battery Makers... Optimism for the Humanoid Era
The stock price of Megatouch is showing strong performance. This appears to be due to the company's exclusive supply of test components to the three major battery manufacturers: LG Energy Solution, Samsung SDI, and SK Innovation.
As of 10:55 a.m. on October 24, the stock price of Megatouch was 4,220 won, up 5.24% from the previous day.
Megatouch is a manufacturer that produces pins used in the battery formation process. The formation process activates battery cells and imparts electrical properties, during which pins are used as consumables. Megatouch's products can be applied to all types of batteries produced by the three major domestic battery manufacturers, including prismatic, cylindrical, and polymer batteries. Megatouch exclusively supplies the charge and discharge test pins for these companies.
Hot Picks Today
"They Keep Selling Off... Will I Lose Out Because of the SpaceX IPO?" [Weekend Money]
- "Is the War Finally Over?" Will KOSPI Head Straight for 10,000?... 'This' Will Decide [Weekend Money]
- "Samsung Electronics and SK hynix Have Only Risen Halfway... Sold Out Through Next Year" [Weekend Money]
- "Bought for 670,000 Won and It's the First Thing I Check After Work"... What Gen Z Is Obsessed With Now [The World Is Z Gold]
- "If You Ate Three Bowls, It Could Be Fatal": Thai Noodle Restaurant Used 'Yellow Powder' Found in Trash
As all-solid-state batteries, which are essential for the mass production of not only electric vehicles but also humanoid robots, have come back into the spotlight, Megatouch's stock price has also been positively affected. Megatouch possesses the technology to apply its battery pins to next-generation products such as all-solid-state batteries and sodium-ion batteries.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.