[Featured Stock] Alpha Holdings Rises on Expectations of Benefits from US 5G Investment
[Asia Economy Reporter Hyunseok Yoo] Alphaholdings is on the rise. It appears that securities firms' analysis expecting benefits from the joint entry into the US 5G market in cooperation with SKT has influenced this trend.
As of 10:12 AM on the 3rd, Alphaholdings was trading at 4,975 KRW, up 6.65% (310 KRW) compared to the previous trading day.
Jeon Sang-yong, Center Director at DS Investment & Securities, said, "The US plans to invest 330 trillion KRW aggressively to secure the world's number one position in 5G," adding, "To no longer fall behind China, especially ahead of a smooth autonomous driving market, the US plans to establish 5G infrastructure nationwide."
He explained, "On the 26th of last month, Alphaholdings signed a 5G AI semiconductor development agreement with SK Telecom and decided to jointly enter the US 5G market. Through this agreement, they plan to jointly cooperate on the commercialization of technologies including SK Telecom's programmable semiconductor (FPGA)-based AI accelerator technology, AI semiconductor LiDAR, laser optical technology, and the growth of independent investment corporations."
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The 5G AI accelerator can increase deep learning computation speed in data centers by up to 20 times, increase service capacity fivefold without server expansion, and has 16 times better power efficiency compared to existing GPU-based acceleration solutions. He emphasized, "Alphaholdings is a system semiconductor development specialist company that has signed a design solution partner contract with Samsung Electronics to supply completed system semiconductor products to fabless companies, so the synergy effect with SK Telecom will be significant. They plan to provide SK Telecom with a total solution from design to mass production of 5G-related AI semiconductors."
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