[Featured Stock] Telechips Expected to Emerge as a Leading Automotive Semiconductor Company
Telechips is showing strength. Securities firms' analysis that it will become a leading automotive semiconductor company seems to be influencing its stock price.
As of 10:07 AM on the 27th, Telechips is trading at 13,080 KRW, up 2.99% from the previous day.
Kyunggeun Kang, a researcher at NH Investment & Securities, explained, "With an increase in customers, sales are rising, and from the second half of next year, the number of chips completing development will increase, entering a phase of fixed cost reduction."
He added, "Among domestic small and mid-cap stocks related to autonomous driving, this company has the best performance visibility and stability. Attention should be paid to 2025-2026, when customer diversification and product lineup expansion will take place."
It is estimated to achieve sales of 184.6 billion KRW and an operating profit of 3.65 billion KRW this year, which represents decreases of 3.4% and 78.2%, respectively, compared to last year. Researcher Kang analyzed, "Sales are declining due to weakening front-end demand, while research and development expenses related to new chip development have increased."
Hot Picks Today
"KOSPI Faces Record Volatility Amid Doubts Over Semiconductor-Only Dominance"
- "Biggest 'Supply Cliff' in 70 Years of Memory History Approaching... Now Is the Time to Buy Samsung Electronics" [Click eStock]
- "I Might End Up Paying My Entire Salary Just for Interest"... Annual Per-Person Interest Could Reach 6.73 Million Won, 'Yeongkeul-jok' Lament
- One in Four Environmental Maintenance Workers Receives Less Pay Than Contracted
- "Earned $100,000 at 18": Young Americans Flock to Skilled Trades Like Plumbing, Undeterred by AI
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.