[E-Daily Reporter Shin Ha-yeon ] Techwing, Inc.(089030)Techwing is surging by over 16% in early trading.
According to MP Doctor on the 14th, as of 9:25 a.m. today, Techwing, Inc. is trading at 50,900 won, up 16.08% from the previous trading day. During the session, the stock rose as high as 51,500 won, a 17.45% increase from the previous close.
Techwing, Inc. announced the previous day that its second-quarter operating profit was preliminarily estimated at 12.505 billion won, a 96.59% increase from the same period last year. Revenue for the same period rose 16.12% to 56.777 billion won.
This rise is also seen as reflecting growing optimism toward semiconductor materials, parts, and equipment (MPE) companies, following SK Group Chairman Choi Tae-won’s recent announcement that he plans to pursue investments worth tens of billions of dollars in U.S. artificial intelligence (AI) and data centers.
Techwing, Inc. is a company specializing in semiconductor testing equipment that develops and manufactures testing equipment for all sectors of the semiconductor industry, supplying products to global semiconductor clients such as SK hynix, SamsungElectronics, Micron, and Intel.