The pair write in their July 24 report: “Given its technological superiority, we believe AEM is well positioned to ride on the growing SLT market that has benefitted from the increased complexity of chips and higher test coverage requirements, alongside the need for advanced heterogeneous packaging.”
Amanda Tan and Ling Lee Keng of DBS Group Research (DBS) have kept their “buy” call on AEM Holdings at a raised target price of $2.10 from $1.50 previously on the group’s “turnaround story” in FY2026.
Tan and Ling note that AEM is a “pioneer” in providing system-level test (SLT) solutions, placing it “around one generation” ahead of its competitors.
