Wisol, stable growth is expected (Kiwoom Securities)

[Infostock Daily=Reporter Lee Dong-hoon] Kiwoom Securities maintains its investment opinion of 'Buy' on Wisol and presents the target price of 21,000 won.

Kiwoom Securities predicted, "Wisol is expected to post sales of 366.7 billion won (YoY 6%) and operating profit of 31.2 billion won (YoY 40%) in 2021 FY. Existing SAW filters are expected to increase in volume due to the downstream development of 5G devices.  Volume of single-unit supplies will continue as 5G models will be expanded from premium models of major customers to mid-priced ones."

The securities firm forecasted, "The average price will rise through the integration of SAW filters and surrounding parts. In particular, the change in modularization continues in existing single products, and the growing demand for modules combined with power amplifiers to cope with the 5G band is an opportunity factor for the company".

Reporter Lee Dong-hoon usinvestmentidea2020@gmail.com