It is rumored that Apple's fastest release of new products such as iPad Pro at the end of March 2017, the stock price closed down for two days. Recently, the relevant stocks in the PCB group include the upstream CCL factory Taiwan Optoelectronics, HDI factory Huatong, soft board factory Zhending-KY and Taijun. The stock prices are strong. Among them, Huatong and Jianding continue to strengthen today. The legal person said that Huatong Regarding the theme of the iPhone8 carrier board, this year's revenue is expected to increase by more than 10% annually.
According to reports, Apple's stock price continued to rise on Tuesday, even with two reds, and it rose 6 cents to close at 139.2 US dollars, which is only 0.59 US dollars away from the new record high of 139.79 on March 1, 2017. In the past 52 weeks, Apple’s highest share price was $140.28 (also a historical high) hit on March 2. The 52-week low was seen at $89.47 on May 12, 2016.
Affected by the high-end shocks in Apple's stock price area, the share price of domestic printed circuit board related supply groups also continued to strengthen. In terms of fundamentals, since the first quarter of 2017 was the off-season of the PCB industry, revenue in January and February 2017 was relatively flat, but also in line with expectations. Among Apple stocks, due to the decline in mobile phone orders from US customers, Taiwan Optoelectronics and Taijun's operations were generally flat, but Huatong continued to see good results due to good orders for NB and Chinese mobile phones.
Taiwan Optoelectronics's revenue in February 2017 was NT$1.783 billion, an annual increase of 30.95%, but a slight decline from the previous month. Except for fewer working days in February 2017, it is expected to ship Netcom products. The flat and the CCL price increase are not large. The legal person estimates that the first quarter revenue was 5.533 billion NTD, and the EPS was about 2.2 NTD.
Huatong's revenue in February 2017 was NT$3.676 billion, with a monthly decline of 5.06% and an annual increase of 39.38%. The monthly decline was not large. It was related to the large US customer NB orders and the mainland mobile phone shipments. Therefore, The legal person also raised its first quarter revenue to NT$11.571 billion, a quarterly decrease of approximately 18.60 and an annual increase of 23.23%, and an EPS of approximately NT$0.4. In addition to the expected carrier board, shipments of other mobile phone applications will also increase. It is expected This year's revenue can grow 14% to NT$52.116 billion.
