[Alpha Biz=(Chicago) Reporter Paul Lee] DS Investment & Securities said about Doosan on the 8th, "About 10 companies around the world are competing in the copper clad laminate (CCL) market of our own business, Electronics Business Division (BG), and Doosan's market share is the second largest in the world," adding, "Artificial intelligence (AI) "In a situation where the multiples of AI-related semiconductor companies have increased, we judged that simply applying 5 times the electronics BG business value multiple was too conservative, so we applied 10 times." The investment opinion was maintained at 'buy' and the target price was raised to 135,000 won.
"The electronic BG business faced a very difficult situation last year due to cuts in memory semiconductors and reduced investment in data centers," said DS Investment & Securities. "It is estimated that sales decreased by 14.3% and operating profit decreased by nearly 60% last year."
have entered a recovery such as the adoption of artificial intelligence (AI) accelerator materials from the second half of last year," DS Investment & Securities said. "Although sales are expected to recover by 4-5% this year, operating profit is expected to improve by at least 150% (margin range of 9-11%) compared to last year due to an increase in the portion of new high-yield products in the semiconductor sector, such as GDDR7, and the launch of a next-generation AI accelerator with a high margin."
AlphaBIZ Paul Lee(hoondork1977@alphabiz.co.kr)
