Reported 8 months ago
Wistron (4938) and ASUS (2357) are expected to benefit from the upcoming shipment peak season driven by the release of new iPhones. As Apple ventures into AI functions and other computing products heat up with AI PC assistance, a traditional peak season for consumer electronics is expected. Wistron and ASUS have diversified their business, entered AI and electric vehicle fields, and joined collaborations in AI servers and 5G networks. Foreign analysts have upgraded ASUS's rating to 'buy' with a target price increase to 681 yuan, mainly due to the contributions of AI PC/servers to earnings per share (EPS). Apple's new 'Apple Intelligence' has attracted market attention, and with iPhone production plans surpassing seasonal trends, hardware manufacturers are set to benefit from the upgrade trend.
Source: YAHOO