Title High-end Optical Lens: Buy Largan, Sunny Optical
  Memory Industry: Neutral on Winbond, Nanya Tech
  Apple Supply Chain: 10 Buy picks
  Financials: Buy Mega, Cathay, CTBC
  LED: Takeaways from Cree's results
  Foundry: Buy TSMC
  2H17 Greater China Semiconductor Outlook (PowerPoint)
  Petrochem: Buy FPC, FCFC
  Optical Lens: Buy Largan, Sunny Optical
  Apple Supply Chain update and Buy calls
 
More Titles
Title:High-end Optical Lens: Buy Largan, Sunny Optical
Download File:SinoPac 50 Optical lens industry report--171003.pdf 
 
Summary:Buy Largan (3008 TT), TP of NT$6,400 (20x 2018F P/E)

Buy Sunny Optical (2382 HK), TP of HK$137 (45x 2018F EPS from lens set business) + (35x 2018F EPS from compact camera module and other businesses)
  
Date:2017/10/05
Author:TaiwanResearch.com
Register online at Become Member to receive Taiwan research services. For more information, contact TaiwanResearch.com. Tel (8862) 2316-5181
©2001, 2000, 1999 SinoPac All rights reserved. Additional copyright information applies.