Samsung Electro-Mechanics surged on April 22, as upbeat brokerage forecasts appeared to lift investor sentiment.
According to the Korea Exchange, shares were trading at 810,000 won as of 2:48 p.m., up 38,000 won, or 4.92%, from the previous session.
Earlier in the day, Daishin Securities raised its target price by 67.3% to 920,000 won in a premarket report, saying improved profitability would help the company expand market share.
Seo Ji-won, an analyst at Daishin Securities, said Samsung Electro-Mechanics is expected to post its best-ever results for a second straight year. He cited grounds for a higher valuation including record performance in 2026 and 2027, additional investment in flip-chip ball grid array (FC-BGA) to move into the No. 1 market-share position, and expectations of price increases for FC-BGA and multilayer ceramic capacitors (MLCC).
Seo said FC-BGA prices are rising, driven by artificial intelligence, and that a structural supply shortage for AI server and data-center FC-BGA is persisting. He added that large-scale additional investment could help the company become the global No. 1 in AI-related FC-BGA.
He also said demand for MLCC is growing in industrial uses, particularly in AI semiconductors and data centers, and that rising market share could deepen supply shortages, creating conditions that would allow price increases.
* This article has been translated by AI.
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