[Featured Stock] Jeju Semiconductor Simultaneously Certified by Qualcomm and MediaTek... Increasing Demand for 5G IoT Chipsets in Automotive Applications

[Asia Economy Reporter Yoo Hyun-seok] Jeju Semiconductor is showing strong performance. The news that it received memory certification for 5th generation mobile communication (5G) and Internet of Things (IoT) semiconductor chipsets from Qualcomm, the world's number one company in communication semiconductors, appears to have influenced its stock price. Taiwan's MediaTek, a global communication semiconductor company, also certified memory products similar to those of Jeju Semiconductor.

As of 9:19 AM on the 25th, Jeju Semiconductor was trading at 6,410 KRW, up 17.61% (960 KRW) compared to the previous trading day.

Jeju Semiconductor announced that it simultaneously received certification from Qualcomm and MediaTek for its complex memory solution "MCP" (Multi-Chip Package), which combines various memory semiconductors such as NAND flash and DRAM. Jeju Semiconductor holds about 16% of the global market share in the MCP sector. While Samsung Electronics and SK Hynix focus on high-capacity memory, Jeju Semiconductor targets the niche market by specializing in low-capacity memory.

Jeju Semiconductor became the second company worldwide, after Micron in the United States, to receive certification for the 8Gb+8Gb MCP product used in Qualcomm's Snapdragon "SDX55" chipset. Jeju Semiconductor is also conducting evaluations related to Qualcomm's next-generation chipset "SDX65." Through this, the company aims to obtain certification for all Qualcomm 5G IoT Snapdragon series chipsets.

Jeju Semiconductor focuses on areas such as Customer Premise Equipment (CPE), routers, modules, and hotspots rather than smartphones, which require high-capacity memory. With IoT devices being actively used in next-generation industries such as smart cities, smart homes, smart factories, and automotive electronic devices (electronic components), memory demand is expected to increase significantly.

A representative from Jeju Semiconductor stated, "We expect more opportunities for mutual cooperation with Qualcomm and MediaTek in the future. Additionally, we will further expand the technological gap with memory competitors in China and other countries."

This content was produced with the assistance of AI translation services.