Gaowei Electronics has a close relationship with Apple, and ...
Gaowei Electronics has a close relationship with Apple, and its technical advantages are expected to increase its market share in Apple's supply chain. After Lijing enters the market, the company's business integration, increased capital expenditure, and increased business research and development will drive an increase in profits. The lidar business in collaboration with Sagitar and Lixun Group's exploration will facilitate the company's second growth. However, it is important to note that risks such as unanticipated shipments of Apple phones and MR products may affect Gaowei Electronics.
Tianfeng Securities: Target price of HK$29.81 for initial “buy” rating for Gaowei Electronics (01415)
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more
Comment
Sign in to post a comment