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《大行報告》高盛下調中芯(00981.HK)目標價至26.7元 維持「買入」評級
阿思達克 12-10 10:00
高盛發表研究報告,維持對中芯國際(00981.HK)正面看法,惟下調2022年及以後盈利預測介乎2%至8%,對其先進制點容量擴張持更審慎看法,惟被目前成熟產品強勁表現部分抵銷。

該行指,電源管理IC(PMIC)、傳感器(CIS)、嵌入式非易失存儲器的智能卡及微控制器(MCU)、射頻(RF)、指紋辨識IC均是中芯成熟產品主要增長動力,預期至明年第三季的產能利用率維持逾95%水平;而先進制點容量方面,因應美國供應商面對出口限制,部分儀器付運時間仍存不確定,故該行下調有關先進制點產能預測,但相信公司仍可繼續發展N+1、N+2的模式,維持「買入」評級,目標鏇由28.7元降至26.7元。

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