In a Tuesday report, analyst Ling Lee Keng says capacity utilisation has improved from less than 40% in 1Q17 to about 60% to 70% now.
SINGAPORE (Oct 3): DBS says Hi-P is in a sweet spot now as more than half of its earnings come from the smartphone and IoT segments which are expected to continue to do well in the next one to two years.
Hi-P’s strong earnings momentum since 2H16, on the back of operational efficiency, new customers and new product launches, further reinforces the research house’s conviction.
