[Infostock Daily= Reporter An Hoe Hyun] Shinhan Investment expects UniTest to record a surprise from the fourth quarter. The investment opinion is to maintain the Buy and the target stock price is 37,000 won.
"Its sales and operating profit in the fourth quarter will record a surprise, recording 66.9 billion won and 14.7 billion won, respectively," the company explained, adding, "This is due to the reflection of orders for semiconductor DRAM burn-in equipment, increased sales of NAND equipment from overseas customers, and earnings growth in the solar energy sector."
"Next year's investment point is growth in sales of DDR5(next-generation memory semiconductor standard) and NAND equipment," the company predicted, adding,"In this year, DDR5 equipment sales are expected to begin, and DDR5 sales will start in earnest from 2022 starting in the second half of next year after receiving 500~600 billion won in orders for about five years when switching to the DDR4 process."
"Growth in the NAND sector is due to success in expanding overseas customers and diversifying product portfolios," the company estimated, adding, "The delivery of new NAND wafer test equipment will begin in earnest next year, and NAND sales will increase by 36% to 46.8 billion won next year."
Reporter An Hoe Hyun firstname.lastname@example.org