[Featured Stock] JC Hyun's Active Moves in VR and Cryptocurrency... Synergy in Graphics Card Sales
[Asia Economy Reporter Yoo Hyun-seok] JC Hyun System is experiencing a strong surge as demand for graphics cards significantly increases. The company supplies PC components and peripherals, and partners with leading domestic and international computer hardware manufacturers such as GIGABYTE Technology (motherboards, graphics cards) and AMD (CPUs) to handle product marketing and supply.
As of 2:41 PM on the 6th, JC Hyun System was trading at 9,260 KRW, up 15.89% (1,270 KRW) compared to the previous trading day.
Recently, the rapid rise in cryptocurrency prices, including Bitcoin, has increased mining demand, which in turn has boosted demand for graphics cards used in mining. This is based on the assessment that cryptocurrency mining remains profitable even after deducting initial investment costs for graphics cards and electricity fees.
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In its business report, JC Hyun explained that GIGABYTE graphics cards offer affordable and reasonable prices, a generous 3-year free A/S warranty, and use only premium components to achieve optimized performance and durability simultaneously. They have consecutively launched the AORUS, GAMING, and EAGLE series graphics cards. JC Hyun is accelerating the expansion of its high-end product lineup and plans to diversify its business by linking with virtual reality (VR) and next-generation display businesses. The company also intends to actively pursue workstation equipment supply and the cryptocurrency market. This strategy aims to respond to next-generation industries such as VR-based games, 4K equipment, and big data, and is expected to create significant synergy effects alongside existing graphics card sales.
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