[Special Stock] RF Tech Soars on Forecast of 9-Fold Increase in 5G Base Station Antenna Sales Next Year
[Asia Economy Reporter Hyungsoo Park] RF Tech is showing strong performance. The forecast that the 5G communication equipment sector will experience significant growth next year appears to have influenced the stock price.
At 10:47 AM on the 11th, RF Tech was trading at 13,100 KRW, up 5.22% from the previous day.
Dongha Kim, a researcher at Hanwha Investment & Securities, stated, "We expect a significant increase in sales starting next year," adding, "Sales are projected to reach 212.5 billion KRW, an 816% increase compared to this year."
He also noted, "Considering the expansion of overseas orders from clients and the start of supply to North America, Japan, and India next year," and added, "We expect to maintain a high market share within our clients."
He emphasized, "Given the technology and mass production capabilities, the possibility of market share changes within clients due to additional competitors entering is still very low."
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Researcher Kim also analyzed, "Securing our own strain amid recent controversies over botox strains is another positive point."
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