Photon's shares soared as expectations grew for its entry into next-generation cooling solutions based on all-solid-state thermoelectric devices.
According to the Korea Exchange, as of 11:30 a.m. on July 28, Photon was trading at 2,340 won, up 540 won (30.00%) from the previous trading day.
The surge in stock price is attributed to a positive assessment of Photon's growth potential in its next-generation thermal management business by independent research firm ARIS.
In a report released today, analysts Lee Jae-mo and Jeong Min-hee noted that Photon is pursuing new business opportunities targeting AI data centers, electric vehicles, and semiconductor thermal management, building on its existing smartphone camera module component business.
Photon primarily produces flexible printed circuit board assemblies for smartphone camera modules. Recently, the company has been making strategic investments in EdgeQ, which is developing ultra-precise cooling technology based on quantum precision control.
According to the report, the all-solid-state thermoelectric devices being developed by EdgeQ utilize electric current to transfer heat without refrigerants, eliminating the need for compressors and piping, which allows for miniaturization and low power consumption. These devices can be applied across various sectors, including AI data centers, electric vehicles, semiconductors, and industrial equipment.
Lee and Jeong stated, "As the AI era takes off, thermal management technology is becoming a core infrastructure across industries. Photon has secured growth potential in the next-generation thermal management market based on its foundational material technology and patent competitiveness."
* This article has been translated by AI.
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