GLONGHUI, September 4 | Haitong International published a report saying that although the market share of BYD Electronics' tablet computer assembly business has increased, there are challenges in profitability, but the bank believes that the company has now completed the learning growth curve, structurally increased profit margins, achieved satisfactory profits, increased the market share of the metal case business, increased overseas production facilities and scale, and promoted improvements in capacity utilization. It is believed that there is still room for the company to increase its share of tablet computer assembly and cases, smartphone and watch glass cases. The bank believes that BYD Electronics' acquisition of Jabil's mobile electronics manufacturing business will drive growth. With the company's strong production capacity and customer relationships, the relevant market share will increase. The bank raised BYD Electronics' earnings per share forecast for this year and next by 24% and 9% respectively. The rating was raised from “neutral” to “superior to the market”, and the target price was raised to HK$50.