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UOB Kay Hian Downgrades AAC Technologies to Hold From Buy; Price Target Is HK$28.70
03:03 AM EDT, 07/22/2024 (MT Newswires) -- UOB Kay Hian Downgrades AAC Technologies to Hold From Buy; Price Target is HK$28.70Price (HKD): $30.95, Change: $+0.15, Percent Change: +0.49%
Business for structural components is accelerating! AAC Tech customizes hinges and middle frames for Honor Magic V3/ Vs3.
On July 12th, Honor released two new foldable phones, Magic V3, which can fold as thin as 9.2mm, and Magic Vs3, which can fold as thin as 9.8mm, setting a new record for the thinness of internally foldable screen phones and leading the "millimeter era"! In terms of experience, the hinge structure, middle frame structural parts, ultra-thin high-performance speakers, ultra-thin high-performance X-axis motor, and small size high-performance digital microphone of these two new products, Magic V3 and Magic Vs3, are co-developed by AAC Technologies and Honor Technology, and are customized provided. As for the hinge technology, Magic V3 is equipped with Luanban hinge.
When Should You Buy AAC Technologies Holdings Inc. (HKG:2018)?
While AAC Technologies Holdings Inc. (HKG:2018) might not have the largest market cap around , it led the SEHK gainers with a relatively large price hike in the past couple of weeks. The
Northeast Securities: Foreign capital dominates the main market of electronic measuring instruments. There is hope for accelerating the localization of technology.
In recent years, the technological strength of domestic enterprises has been continuously improved. Coupled with frequent government support policies, domestic manufacturers' market share is expected to steadily increase. The booming development of industries such as 5G, internet of things, new infrastructure, and consumer electronics will bring stable demand growth for electronic measuring instruments.
Xiaopeng MONA M03 is scheduled to be launched in August and uses 18 AAC Tech PSS speakers.
Xpeng's new model MONA M03 has recently had its global debut and is expected to be officially launched in August, becoming a superstar product in the A-class pure electric market. In the highly anticipated cabin sound system, AAC Technologies' subsidiary PSS company has provided a set of 18 high-end customized speakers for Xpeng MONA M03, which offers an audio experience far beyond that of the same level models. On the afternoon of July 10th, He Xiaopeng posted on Weibo that most A-class car audio systems can only make some noise, but young people are generally passionate about music, and music has even become their spiritual reliance. This time, Xpeng MONA...
China International Capital Corporation: Can Hong Kong's mobile phone chain maintain stability and achieve unexpected feats in the era of Apple's AI?
In the era of edge AI, Apple enters the field of edge AI innovation, which is expected to drive interaction innovation, function upgrades/appearance changes, and closed-source ecology resonance. Android manufacturers may follow suit, and from 2H24 to 2025, Apple and Android industry chains may enjoy mutual prosperity. Hong Kong stock mobile phone chain is expected to deeply participate in the wave of innovation.
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