Telecommunications equipment corporations ACE Technologies hit the upper price limit in early trading on the 29th. Expectations that Korea and the United States will cooperate on 6G Network on the occasion of the Asia-Pacific Economic Cooperation (APEC) appear to have been reflected.
As of 9:11 a.m. on the 29th, ACE Technologies reached the upper price limit at 2,845 won, up 655 won (29.91%) from the previous transaction day.
Bloomberg News reported on the 28th (local time), citing a U.S. government official, that "the U.S. government plans to sign an agreement to strengthen cooperation with Korea in AI, quantum computing, and 6G."
The agreement is scheduled to be signed to coincide with the summit that President Lee Jae-myung and U.S. President Donald Trump will hold in Gyeongju on the same day. Michael Kratsios, head of the White House Office of Science and Technology Policy, is said to be the signatory.
However, the list of corporations participating in this cooperation has not been disclosed. ACE Technologies is developing telecommunications equipment necessary to implement 6G and is known as the No. 1 corporations in Korea in the base station antenna market.