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DB Securities Raises Samsung Electro-Mechanics Target to 2 Million Won on MLCC and FCBGA Boom
🇰🇷 South Korea /Economy & Trade

DB Securities Raises Samsung Electro-Mechanics Target to 2 Million Won on MLCC and FCBGA Boom

From Chosun Ilbo · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

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  • DB Securities forecast rapid earnings growth at Samsung Electro-Mechanics, citing higher prices and strong demand for MLCC and FCBGA products.
  • The brokerage maintained its buy rating and raised the target price to 2 million won from 1.5 million won.
  • Samsung Electro-Mechanics closed the previous trading session at 1.458 million won.

DB Securities raised its target price for Samsung Electro-Mechanics to 2 million won, saying the company’s earnings growth should accelerate on strength in two key electronic-components markets.

The brokerage cited price increases and favorable conditions for multilayer ceramic capacitors, known as MLCCs, and flip-chip ball grid arrays, or FCBGAs. It maintained its buy rating on the company.

Samsung Electro-Mechanics closed the previous trading session at 1.458 million won. DB Securities analyst Jo Hyeon-ji provided the brokerage’s assessment of the company’s MLCC business.

About this summary

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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