Category: RESEARCH

Brokerage : Shinhan Securities Analyst : Kangho Oh, Jibeom Seo Investment Rating : BUY (Maintained) Target Price : KRW 190,000 (Maintained) Core Momentum : Demonstrating resilient fundamental earnings power and entering a valuation re-rating phase driven by expanding revenue share from high-value industrial/automotive MLCCs and server FC-BGA substrates. 📊 1. [Valuation & Key Financial Metrics]…

Read More “[Research] Samsung Electro-Mechanics (009150) – Shinhan Securities | High-Value Mix Expansion · Rising FC-BGA Share · Valuation Re-rating / 2025-08-01” »

Brokerage : iM Securities Analyst : Euiyoung Ko Investment Rating : Buy (Maintained) Target Price : KRW 180,000 (Maintained) Core Momentum : Structural earnings transformation driven by expanding mix of high-margin industrial and automotive components, coupled with anticipated FC-BGA operating leverage from expanding AI infrastructure demand by 2026. 📊 1. [Valuation & Key Financial Metrics]…

Read More “[Research] Samsung Electro-Mechanics (009150) – iM Securities | Industrial & Automotive Mix · AI Infrastructure · Operating Leverage / 2025-08-01” »

Brokerage : Eugene Investment & Securities Analyst : Joohyung Lee Investment Rating : BUY (Maintained) Target Price : KRW 170,000 (Raised) Core Momentum : Expanding high-value industrial MLCC shipments for AI servers/networking and rising FC-BGA revenue share drive structural profitability gains despite broader IT set demand headwinds. 📊 1. [Valuation & Key Financial Metrics] 🚀…

Read More “[Research] Samsung Electro-Mechanics (009150) – Eugene Investment & Securities | Industrial MLCC · FC-BGA Share Expansion · Non-IT Mix Improvement / 2025-08-01” »

Brokerage : SK Securities Analyst : Hyoungwou Park, Mingyu Kwon Investment Rating : BUY (Maintained) Target Price : KRW 187,000 (Maintained) Core Momentum : Rising utilization driven by high-spec MLCC demand in AI servers and automotive applications, coupled with expanding AI accelerator FC-BGA shipments to North American Big Tech, secures resilient earnings growth. 📊 1….

Read More “[Research] Samsung Electro-Mechanics (009150) – SK Securities | MLCC Utilization Recovery · AI Accelerator Substrates · North American Big Tech / 2025-08-01” »

Brokerage : DS Investment & Securities Analyst : Daeho Cho, Jinyoung Kim Investment Rating : BUY (Maintained) Target Price : KRW 200,000 (Maintained) Core Momentum : Qualitative business transformation driven by increasing demand for AI server/automotive MLCCs and full-scale supply of AI accelerator FC-BGA substrates amidst IT set demand recovery delays. 📊 1. [Valuation &…

Read More “[Research] Samsung Electro-Mechanics (009150) – DS Investment & Securities | AI Server · High-Value MLCC · FC-BGA Supply Expansion / 2025-08-01” »

Brokerage : Hana Securities Analyst : Minkyung Kim Investment Rating : BUY (Maintained) Target Price : KRW 174,000 (Maintained) Core Momentum : Expanding product mix toward AI infrastructure components and securing Big Tech package substrate awards drive resilient earnings amidst IT set demand uncertainties. 📊 1. [Valuation & Key Financial Metrics] 🚀 2. [Market Opportunities…

Read More “[Research] Samsung Electro-Mechanics (009150) – Hana Securities | High-Value Mix Improvement · AI Accelerator Substrates · 2026 Earnings Visibility / 2025-08-01” »

Brokerage : Mirae Asset Securities Analyst : Junseo Park Investment Rating : BUY (Maintained) Target Price : KRW 180,000 (Maintained) Core Momentum : Expanding product mix toward industrial MLCCs for AI servers and full-scale AI accelerator FC-BGA shipments defend margins against FX and tariff pressures while securing medium-to-long-term growth. 📊 1. [Valuation & Key Financial…

Read More “[Research] Samsung Electro-Mechanics (009150) – Mirae Asset Securities | High-Value MLCC · FC-BGA Transition · Next-Gen Portfolio / 2025-07-31” »

Brokerage : Daishin Securities Analyst : Kangho Park Investment Rating : BUY (Maintained) Target Price : KRW 180,000 (Maintained) Core Momentum : Expected main supplier status for FC-BGA on Tesla’s AI6 chip contract and deepening collaboration across camera modules and high-reliability MLCCs drive structural revenue and margin growth. 📊 1. [Valuation & Key Financial Metrics]…

Read More “[Research] Samsung Electro-Mechanics (009150) – Daishin Securities | Tesla AI6 Catalyst · FC-BGA Substrates · Automotive & Robotics / 2025-07-30” »

Market: KOSPI (000660) Brokerage : DS Investment & Securities Analyst : Surim Lee, Jinhyung Kim Investment Rating : Buy (Maintained) Target Price : KRW 310,000 (Raised) Core Momentum : Higher 2025 Capex is expected to secure 2026 HBM volume visibility, while industry-leading HBM margins and disciplined memory supply support sustained profitability and a widening earnings…

Read More “[Research] SK hynix (000660 / SKHY) – DS Investment | HBM Volume Visibility · Capex · Margin Leadership / 2025-07-28” »

Market: KOSPI (000660) Brokerage : Hanwha Investment & Securities Analyst : Kwangjin Kim Investment Rating : BUY (Maintained) Target Price : KRW 360,000 (Maintained) Core Momentum : Structural AI inference growth is expected to sustain HBM demand and long-term earnings expansion, while delayed HBM price and volume negotiations and potential conventional DRAM supply growth remain…

Read More “[Research] SK hynix (000660 / SKHY) – Hanwha | HBM Negotiations · AI Growth · DRAM Supply Risk / 2025-07-25” »