[Featured Stock] Samik THK, Past Joint Robot Development with Samsung... Strong Expectations for Large M&A Benefits

[Asia Economy Reporter Minwoo Lee] The stock price of Samik THK, a company specializing in industrial automation, is on the rise. This is interpreted as growing expectations due to the past history of jointly developing robots with Samsung Electronics, following Samsung Electronics' announcement that there will soon be good news regarding a large-scale merger and acquisition (M&A).

As of 10:20 AM on the 7th, Samik THK's stock price recorded 13,750 KRW, up 9.56% compared to the previous day. The expectation that it could be a beneficiary as Samsung Electronics actively pursues a large-scale M&A seems to have influenced this rise.

Earlier, Samsung Electronics announced in early last year that it would pursue a meaningful scale of M&A within three years, but there was no significant movement last year.

Recently, Samsung Electronics has upgraded its robot business task force (TF) to a robot business team and is fostering the robot business by applying its advanced robot technology developed in-house to various fields, which appears to have increased interest in Samik THK. Previously, in 2015, Samik THK collaborated with Samsung Electronics and the Korea Institute for Robot Convergence to develop a '6-axis multi-joint robot for product assembly.' Since then, it has also succeeded in developing SCARA robots (robots shaped like a human arm used in semiconductor and automobile parts production) used in industrial sites.

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