A research report published by Samsung Securities on Thursday lists eight Korean company stocks that may benefit from the economic rise of the “frontier markets.” Making the list of companies is Suprema Inc, Samsung Electronics, Seoul Semiconductor, Hyundai Motor, Kia Motors, KT, Skylife, and Korea Gas Corp., all of which may end up better off now that the frontier markets, such as African economies, have been on the rise.
According to the Samsung Securities report, major African economies have grown exceptionally since adopting more stable political milieu in the mid-2000’s, and that the young demographics belonging to African nations also create favorable conditions for the continent in this regard.
Suprema already serves companies in Nigeria and Morocco, among other countries in this region on the rise, bringing biometric solutions blazing into the frontier.
About Suprema Inc.:
Suprema Inc. is a global leader in biometrics and identification solutions. The company’s range of products includes fingerprint modules, biometric access control systems, e-passport readers and live-scanners. Suprema has worldwide sales network over 100 countries and also a listed company in KOSDAQ.
For more information, please visit www.supremainc.com.
Contact: Kevin Kim, Marketing Manager, Suprema Inc., Tel : +82-31-710-5618, Fax : +82-31-783-4503, E-mail : marketing@supremainc.com
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