[Market Focus] Daeduck Electronics Surges 13% on "Performance Upswing"

Daeduck Electronics is experiencing a sharp surge as it posted results surpassing those of the third quarter last year.

As of 9:20 a.m. on January 30, Daeduck Electronics was trading at 59,600 won, up 13.52% (7,100 won) from the previous trading day.

In the fourth quarter, Daeduck Electronics recorded sales of 317.9 billion won, a 54.0% increase, and an operating profit of 29 billion won, returning to profitability. Notably, the flip chip ball grid array (FC-BGA) business segment, which produces high-density semiconductor package substrates, saw its utilization rate rise to the mid-60% range.

Park Heecheol, a researcher at Kyobo Securities, stated in a report released today, "We are maintaining our investment opinion on Daeduck Electronics and raising the target price to 70,000 won," adding, "This year, improvements in the memory package business mix and profitability of FC-BGA will combine to bring performance to a new level."

New demand for FC-BGA is expected to expand significantly. Park explained, "With the growing emphasis on high-speed networks, new demand will arise as optical module chips and others adopt FC-BGA," and added, "Additionally, new demand sources such as robotics are also expected to adopt FC-BGA for logic chips."

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