DB Financial Investment said on the 9th that it is expected to renew its best performance in 2021 for Duk San Neolux, maintaining its investment opinion 'buy' and target price of 90,000 won, respectively.
DB Financial Investment explained, "Duksan Neolux's third-quarter earnings in 2021 reached a record high of 58.6 billion won in sales and 16.3 billion won in operating profit.".
"Samsung Display's shipments of OLED panels following the launch of new smartphones such as iPhone 13, Galaxy Z Flip 3 and Fold 3 have increased significantly," DB Financial Investment said. "The mass-production of OLED panels for IT is in full swing and is expected to renew its annual performance in 2021 with sales of KRW 1,961 billion and operating profit of KRW 52 billion.".
DB Financial Investment explained, "Demand is increasing with the adoption of OLED panels.". DB Financial Investment maintained its target price at 90,000 won, analyzing that "Samsung Display's plan to convert OLED panels using existing L7 and L8 lines promotes demand for materials from Deoksan Neolux.".
Reporter Lee Dong-hoon usinvestmentidea2020@gmail.com
