Title IC Design: Buy Realtek, Novatek, Parade, Rafael Micro
  Apparel: Buy Eclat, Quang Viet, Toung Loon, Kwong Lung
  Petrochemical: Buy FPC, FCFC
  Marine Shipping: Buy Evergreen, Yang Ming
  Powerpoint: 3D sensing module (focus on laser light source)
  LCD: U/G Innolux to Buy
  Auto component OEM: Buy Macauto, Hota, Turvo
  Garments: Buy Eclat, Quang Viet, Kwong Lung
  Petrochemical: Buy FPC, FCFC
  Financials: Buy Cathay, Mega, and CTBC
 
More Titles
Title:IC Design: Buy Realtek, Novatek, Parade, Rafael Micro
Download File:IC design industry note 170517--sinopac.pdf 
 
Summary:
  • Realtek (2379 TT): Buy, TP at NT$119 (17x 2017 P/E); a 17% upside

  • Novatek (3034 TT): Buy, TP at NT$135 (16x 2017 P/E); a 13% upside

  • Parade (4966 TT): Buy, TP at NT$380 (18x 2017 P/E); a 13% upside

  • Rafael Microelectronics (6568 TT): TP and rating under review

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    Date:2017/05/17
    Author:TaiwanResearch.com
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