Morgan Stanley hikes price targets for Asian stocks it says will benefit from greater iPhone demand

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 51%
  • Publisher: 72%

Breaking News: Technology 뉴스

Morgan Stanley,Iphone,Apple Inc

Two such stocks received new price targets that gave them more than 30% potential upside.

Increased shipments of Apple's iPhones will be a key "volume driver" for the supply chain, according to Morgan Stanley. Consumers have been replacing their iPhones less often — an average of every five years from 3.7 years in 2021, according to the bank. But the situation is set to change, with Apple Intelligence predicted to be a "key iPhone replacement driver." Apple announced its Apple Intelligence feature , its take on generative artificial intelligence, last month.

"We expect Hon Hai to retain its iPhone assembly share at ~63%, given its solid time-to-market delivery and accelerated output from new production sites in India," said Morgan Stanley analysts. They estimate its iPhone assembly revenue will grow 13% year on year in 2025 and 10% year on year in 2026. Morgan Stanley said Luxshare's Apple exposure is 70% to 80% of its total revenue, given key component upgrades for the iPhone's AI features.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Morgan Stanley picks global stocks to play a $50 billion AI boom. Analysts give two over 20% upsideMorgan Stanley names Asian stocks to buy as 'data centers ramp up' in the region.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

We're hiking our price target on Morgan Stanley despite a miss in a key businessInvestors on Tuesday are more willing to look beyond a missed Morgan Stanley's wealth management business than in the past.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »