Korea Electric Terminal Co.

KET maintains rapid growth with an increase in the sales of connectors, an automobile component, as a result of the resumption in the production of Samsung automobiles and the normalization of management of KIA Motors. The company's profit structure has improved dramatically thanks to an increase in the sales of mobile communications-related products with high added value. With a 72% increase in operating income during the early half of this year, the company has established a high-profit structure. In October, the company began producing junction boxes, an automobile module, which will likely increase sales. Earlier this year, the company entered the mobile telecommunications parts market after entering into supply agreements with Telson Electronics and SK Teletech for TCXOs and VCOs. The company improves its prospects for growth by expanding its business areas to optical communications and wireless communications. The company expects to acquire 100 thousand company stocks by November. The stock price is expected to go up since the intrinsic value of the stocks is greater than its current stock market price.