ICH(368600) shares hit the upper limit (the top of the daily price band) right after the market opened on the 27th. On news that it is supplying a key material to Samsung Electronics, the stock locked at the upper limit for the second straight session.

ICH CI. /Courtesy of ICH

As of 9:17 a.m. that day, ICH shares were trading on the KOSDAQ market at 1,033 won, up 29.94% (238 won) from the previous session.

Earlier, on the 23rd, ICH said it is mass-supplying a key functional material for Samsung Electronics' next-generation foldable smartphones, the Galaxy Z Fold8, Galaxy Z Fold8 Ultra, and Galaxy Z Flip8 models.

The share price reacted immediately. On the 24th, too, ICH's stock hit the upper limit, and the buying trend appears to be continuing through the day.

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