[THE INVESTOR] Park Systems is smoothly increasing its share in the semiconductor market, said Kiwoom Securities on Nov. 30, suggesting a “buy” recommendation and 34,000 won (US$31.42) target price.
As semiconductors are miniaturizing further, companies are bringing in atomic force microscopes and orders for Park Systems’ products are increasing, said analyst Han Dong-heui.
Demand will rise further as latecomers being to equip themselves with the microscopes while those who already own them seek to raise the entry barrier, forecast the analyst.
Its fourth-quarter earnings will be record high of 15.3 billion won revenue and 5.8 billion won operating profit. Revenue will hike 24 percent on-year to 40.4 billion won and operating profit by 84 percent to 10.8 billion won next year, estimated Han.
By Hwang You-mee (email@example.com)