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Admission 2020.12.03 09:03
NH Investment & Securities Samsung Electronics (005930)The company raised its target price on 3 from KRW 76,000 to KRW 90,000, stating that the foundry’s growth will begin in earnest next year. We kept BUY.
Researcher Doh Hyun-woo said: “The recent foundry industry has reached its highest level in 10 years.
The Internet of Things (IoT) and newly developed processors using the ARM architecture are in high demand, but the supply is limited. ”
Researcher Do said, “Samsung Electronics’ non-memory investment is expected to increase from 6 trillion won this year to 12 trillion won next year.” I started.”
He said: “Next year, there is a high possibility that AMD and Intel will be added as new customers.”
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