LG Innotek May Benefit From Metaverse Devices, Apple Cars -- Market Talk
LG Innotek May Benefit From Metaverse Devices, Apple Cars -- Market Talk
0207 GMT - LG Innotek may benefit from the likely demand for parts used in extended-reality "metaverse" devices and Apple's autonomous cars, says KB Securities. LG Innotek, a South Korea-based Apple supplier, is gaining from a strategic U.S. client's adoption of higher-end camera modules and other components, the brokerage adds. KB also expects LG Innotek to boost its earnings by expanding its customer base for its semiconductor circuit-board business. KB raises its net-profit forecast for LG Innotek by 19% for 2022 and by 14% for 2023. It lifts its target price by 17% to KRW350,000 and keeps its buy rating. Shares rise 0.5% to KRW289,500.(kwanwoo.jun@wsj.com)
0207GMT-KB證券表示，LG Innotek可能受益於對用於虛擬現實設備和蘋果自動駕駛汽車的零部件的可能需求。該經紀公司補充説，韓國蘋果供應商LG Innotek正在受益於一家美國戰略客户採用更高端的攝像頭模塊和其他組件。KB還預計LG Innotek將通過擴大半導體電路板業務的客户基礎來提高收益。KB將LG Innotek 2022年和2023年的淨利潤預期分別上調19%和14%。該公司將目標價上調17%，至35萬韓元，並維持買入評級。股價上漲0.5%，至289,500韓元。
譯文內容由第三人軟體翻譯。