[Special Stock] KMH Hightech Hits Upper Limit on News of Samsung Electronics Data Center Dedicated SSD Mass Production
[Asia Economy Reporter Ji Yeon-jin] KMH Hightech surged to the price limit on the 25th as news spread that Samsung Electronics is mass-producing high-performance SSDs (Solid State Drives) dedicated to data centers and supplying them to Facebook.
KMH Hightech began to soar from 10:06 AM and as of 10:41 AM, it is trading at 2,235 KRW, up 515 KRW (29.94%) compared to the previous day. KMH Hightech's main businesses are semiconductor materials and SSDs.
Earlier, Samsung Electronics announced the day before that it has mass-produced the data center-dedicated high-performance Solid State Drive (SSD) PM9A3 E1.S and is supplying it to Facebook.
Hot Picks Today
"Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- "Striking Will Lead to Regret": Hyundai-Kia Employees Speak Out... Uneasy Stares Toward Samsung Union
- CLC: "Second Post-Adjustment Negotiation Between Samsung Electronics Management and Labor Ends"...To Resume Tomorrow Morning (Comprehensive)
- "If You Booked This Month, You Almost Lost Out... Why You Should Wait Until 'This Day' Before Paying for Flight Tickets"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
This new product is the industry's first data center-dedicated SSD based on 6th generation V-NAND and supports the NVMe cloud SSD standard of the OCP (Open Compute Project). Analysts say that Samsung has taken a foothold in the future growth market based on NAND flash-based SSDs.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
