In the Korean stock market, GS Instruments soared up to the point of daily price restriction range three days in a row along with recent good news.
The share of GS Instruments, 17th 9:17AM, currently is trading at 6,290 KRW, which is increased by 820KRW (14.99%) compared to yesterday’s closing price. This tremendous upward tendency is on going for three consecutive days.
GS Instruments announced yesterday that the company developed the world first LPA (Low Power Amplifier) for WiBRO (Mobile WiMAX). “ETRI (Electronic and Telecommunication Research Institute) successfully developed WiBRO prototype product using GS Instruments’ LPA and ETRI officially demonstrated it on 12th and 13th in Daejeon. This WiBRO prototype adopting GS Instruments’ LPA will contribute to the world first WiBRO product made in Korea.” added the company.
Last 15th GS Instruments stated that the company made a contract with ZTE Corporation as a supplier.
Money Today by Kim, Yong-kwan |
