[Featured Stock] Ajinextek Rises on Supply Track Record Amid Samsung Electronics' Robot Entry
[Asia Economy Reporter Minwoo Lee] The stock price of Ajinextek, a manufacturer of motion controllers used in robots, is showing strong performance. This appears to be due to the spotlight on its past record of supplying equipment to Samsung Electronics amid news that Samsung Electronics is entering the robot business.
As of 10:20 AM on the 21st, Ajinextek's stock price rose 6.34% from the previous day to 10,900 KRW. The decision by Samsung Electronics to fully launch its robot business seems to have acted as a positive factor due to Ajinextek's past supply history.
Earlier, Samsung Electronics recently reorganized its structure by upgrading the 'Robot Commercialization Task Force (TF)' to a robot business team and establishing it as a permanent organization.
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Located in the Seongseo Industrial Complex in Daegu, Ajinextek specializes in producing motion controllers used in robots. Currently, the company also focuses on producing controllers for manufacturing and inspection automation equipment such as semiconductor equipment and smartphone equipment, with Samsung Electronics, LG Electronics, and SK Hynix among its clients.
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