On the 14th, Mobase Electronics hit the upper price limit during intraday trading. The news that it will supply the mainboard and wiring, key components of Hyundai Motor Group's mobile robot platform "MobED," is seen as boosting investor sentiment.
As of 9:40 a.m. that day, on the KOSDAQ market, Mobase Electronics was trading at 4,370 won, up 1,005 won (29.87%) from the previous session. Mobase Electronics also rose 29.92% the day before, hitting the upper price limit.
Earlier, on the 12th, Mobase Electronics said it plans to supply the mainboard and wiring for Hyundai's MobED starting next month.
The mainboard is a component that manages power supplied by the robot's power system and reliably distributes control and communication signals delivered to the drive module and various sensors. The wiring harness reduces assembly tolerances and the likelihood of poor contacts.