[Edaily Reporter Shin Ha-yeon ] Advanced materials and components company ICH Co., Ltd.(368600)is trading up by more than 24% in early trading.
According to MP Doctor on the 23rd, as of 9:07 a.m. today, ICH Co., Ltd. is trading at 743 won, up 24.25% from the previous trading day.
This surge in buying interest is believed to be driven by SamsungElectronics’ announcement earlier this morning that it will begin mass-producing and supplying key functional materials—which provide noise cancellation and shock absorption—for its next-generation foldable smartphones: the “Galaxy Z Fold 8,” “Galaxy Z Fold 8 Ultra,” and “Galaxy Z Flip 8.”
The products supplied by ICH Co., Ltd. include radio frequency (RF) and electromagnetic interference (EMI) shielding gaskets and high-performance foam materials, which are applied in up to four locations per model. The company explained that this supply deal once again demonstrates its technological expertise in RF and foam materials.
Since foldable smartphones must incorporate a folding mechanism within a thin profile, internal space is extremely limited, and the gaps where components are installed are narrow and require high precision. ICH Co., Ltd.’s gaskets provide both compressibility and conductivity even within the confined internal space of foldable smartphones, thereby reducing electronic noise and preventing degradation in 5G antenna performance.
The foam material—comprising polyurethane (PU) foam and polyethylene (PE) foam—fills the microscopic gaps between components, maintaining consistent contact stability for film-type displays despite changes in temperature and humidity or assembly misalignments, while also serving as a cushion to protect internal components.
Based on this technology, the company plans to expand its application areas to automotive electronics, physical AI robots, and energy storage systems (ESS).
A company official stated, “The mass production supply for these new Samsung Galaxy products signifies that ICH Co., Ltd.’s material technology has once again been recognized in the global premium smartphone market,” adding, “Building on the competitive edge we’ve accumulated in the mobile sector, we will expand our application areas into high-value-added industries to establish a foundation for sustainable growth.”