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高盛:舜宇(2382.HK)客户覆蓋面廣分散單一客户風險 維持“買入”評級
格隆匯 10-08 16:31

高盛發佈報告稱,近期市場調查發現投資者對手機5G技術受惠股份,其中中國市場每年智能手機市場佔約4億部,華為目標占其中一半,去年其智能手機出貨量達2.06億部。市場關注若華為手機出貨量放緩,會否影響其零部件供應商舜宇(02382.HK)的盈利增長前景。

該行認為,華為手機出貨量表現應好於市場整體,另外舜宇客户覆蓋面廣,單一客户之業務影響不大。華為對其業務影響僅限於鏡頭模組,佔其上半年毛利僅6%。其手機鏡頭最大客户為三星,佔其上半年毛利46%,三星在中國以外市場銷售也有助支持舜宇盈利增長。維持對舜宇評級“買入”。

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