BH has surged over 14% during trading on expectations that it will participate in Samsung Electronics' robotics and humanoid business.
As of 2:40 PM on August 11, BH shares were trading at 17,730 won, up 2,220 won (14.31%) from the previous trading day, according to the Korea Exchange.
Park Kang-ho, a researcher at Daishin Securities, stated in a report that "BH is diversifying its business into the robotics and humanoid sectors, with revenue growth expected in 2027." He added that there is a high possibility of supplying parts to Samsung Electronics and global humanoid companies in collaboration with its affiliate DKT.
BH supplies wireless charging modules and flexible and rigid printed circuit boards, while DKT is working on building an integrated supply chain for component assembly. Park noted, "From the perspective of end customers, the advantages of process management, supplier simplification, and cost management are positive factors."
Additionally, the strategic relationship with Samsung Display during the expansion of Samsung Electronics' robotics and humanoid business is seen as a factor that enhances BH's potential for entering new markets.
Improvements in performance through the foldable phone business are also anticipated. Park projected that operating profit would improve significantly in the third quarter, estimating it at 37.1 billion won for Q3 and 39.3 billion won for Q4.
He further added, "Demand for the Samsung Galaxy Z Fold 8 is expected to exceed forecasts, and with Apple's first foldable phone launch on the horizon, the expansion of related component supply is likely to contribute to performance improvements."
* This article has been translated by AI.
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