In 2018 Apple launched 3 new smart mobile phone, will be a 6.1 inch LCD screen machine collocation for the sale of the mainstream, its sales volume will reach the second half of 2018, the new iPhone shipments of more than half of the argument, the United States Department of foreign investment is also optimistic about the domestic external touch technology will be able to get more benefit to promote products collocation LCD panel next, in one fell swoop to increase domestic two touch panel module factory TPK (TPK), Yecheng (GIS) rating and target price, stock price.
The two major domestic touch panel technology manufacturers, including Chen Hong and karma, will be expected to be benefited. Therefore, the stock price evaluation and target price of two companies are adjusted by Gao Chenhong and two companies. TPK target price rose to 63 yuan per share adjusted by 130 yuan, rating from "underweight" raised two to "overweight". While the industry part, target price is 197 yuan per share to 250 yuan, the same rating by "reduction" to "overweight" rating.
For the two touch panel manufacturers, the United States Department of foreign capital, due to the high order intelligent mobile phone facing price pressure, plus Chinese manufacturers competition, and the first quarter of 2018 Chinese inventory adjustment, industry revenue may reach 40% to 50% decline over the previous quarter. And the other Chen Hong also in the first quarter of 2018, the traditional off-season drag, the receivable will also decline. However, in the case of more and more applications of the CIS Module Technology, the touch control technology will be the performance of the zero component industry in the second half of 2018. This also makes the return of the stock price a point for investors to enter.
The US foreign investors further point out that since 2012, embedded touch technology has been quite popular in the LCD panel of high-class smart phones because it can reduce product thickness and improve image quality. However, because of the increased difficulty of high resolution panel processing, the plug-in touch technology has the chance to become the touch mechanism option of LCD panel preference in the second half of 2018. This change will also help to promote the growth of Chen Hong and Ji Cheng's revenue in the second half of 2018. Therefore, it is decided to adjust the target price of Gao Chenhong and the two touch technology manufacturers.
To receive the news, Chen Hong and the two companies in the 29 days of the share price should rise. The close price of Chen Hong came to 100.5 yuan per share, up 3.7 yuan, up 3.82%. In the part of the industry, the closing price was 218 yuan per share, up 14 yuan, up 6.86%.