Reported 8 months ago
On June 22, 2024, at 4:10 PM, Inspire Investment analyst Bai Yihong pointed out that this week's market trends are focusing on internet communications and passive components. Lite-On Tech and QiSai have been selected due to their positive revenue and turnaround from losses. Short-term trends emphasize silicon photonics in networking and panel-level fan-out packaging, while long-term industry trends focus on AI semiconductor advanced processes, AI server GB200 assembly supply chains, smartphone concept stocks, heavy electrical equipment and financial construction groups. Positive market outlook expected for the last week of June with a focus on passive components with strong performance. Lite-On Tech reported a revenue increase of 18.70% in May to 913 million New Taiwan dollars. QiSai is expected to maintain moderate growth this year, aiming for high single-digit growth rates and revenue exceeding 10 billion New Taiwan dollars. Yitai had a good first quarter in 2024, increasing net profit to 133 million New Taiwan dollars, driven by strong demand in advanced verification analytics such as AI and HPC. On the other hand, Hiwin Technologies is optimizing its product portfolio and expanding in overseas markets, with a better operational outlook for the second quarter compared to the first quarter.
Source: YAHOO