April 19, 2024
Stocks & Bonds
[EQUITIES] ‘SK hynix to enjoy semiconductor market boom’
[THE INVESTOR] SK hynix will gain from the continued boom of the semiconductor industry, said NH Investment and Securities on Feb. 13, maintaining a “buy” recommendation and 68,000 won target price.
The stock price is declining as the market is worried the industry has hit the peak, but as DRAM manufacturers are holding back heavy investments, the industry will remain on the upturn, forecast analyst Lee Se-cheol.
Instead, this worry will lead to curbing investments and propel the industry, and most of the DRAM makers are also in NAND businesses where their investment will be focused, according to the analyst.
The deciding factors when purchasing smartphones are memory capacity and battery performance, and the demand for DRAM for smartphones will continue to rise for the time being, said Lee.
By Hwang You-mee (glamazon@heraldcorp.com)
The stock price is declining as the market is worried the industry has hit the peak, but as DRAM manufacturers are holding back heavy investments, the industry will remain on the upturn, forecast analyst Lee Se-cheol.
Instead, this worry will lead to curbing investments and propel the industry, and most of the DRAM makers are also in NAND businesses where their investment will be focused, according to the analyst.
The deciding factors when purchasing smartphones are memory capacity and battery performance, and the demand for DRAM for smartphones will continue to rise for the time being, said Lee.
By Hwang You-mee (glamazon@heraldcorp.com)
