Express News | 'Apple's Next Ultra Smartwatch Will Be Able To Send Texts Via Satellite; Company Also Working On Blood-Pressure Tool For Future Model; Apple Is Using MediaTek Modems For First Time In New Watches' - Bloomberg News
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Friedrich: Reaffirms COWELL's "Buy" rating, raising the Target Price to 35 Hong Kong dollars.
Futu Recherche published a research report stating that it maintains a "Buy" rating for COWELL (01415), with the Target Price raised from 31 HKD to 35 HKD. The average PE of the company's peers is 21 times, and the PEG ratio is 0.8 times. The bank expects COWELL to further expand its share in non-main camera lenses for the iPhone and penetrate the main camera lens market between 2026 and 2027, gradually achieving a share of 30% to 35% of overall rear camera lenses by 2028 to 2030. Apple may launch more innovative IoT products with AI features, which may increase the demand for camera lenses.
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24-hour global political and economic news overview | December 11.
Global Hotspot Sniping.
The satellite communication company Globalstar once surged nearly 30%! Following the iPhone, Apple wants to enable the Apple Watch to communicate via satellite for sending text messages.
If the news is true, the Apple Watch Ultra will become the first mainstream smart watch with satellite communication capabilities. The media also reported that the blood pressure monitoring feature of the Apple Watch will be available as early as next year; the Apple Watch will use a modem developed by MediaTek for the first time, reducing dependence on Intel products.
U.S. stocks closed: The Dow Jones fell for four consecutive days, Chinese concept stocks plummeted over 4%, as the market focused on the CPI report.
① The Nasdaq China Golden Dragon Index fell 4.34%, as China Concept Stocks collectively declined; ② Apple is reportedly planning to equip its smartwatches with satellite communication capabilities; ③ Google A rose 5.62%, as the company launched its latest quantum chip "Willow," achieving significant technological breakthroughs; ④ Microsoft shareholders voted against the Bitcoin investment proposal.
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Express News | Watching Globalstar; Shares Spike Higher As Traders Circulate Apple To Bring Globalstar Satellite Connections To Smartwatch
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