Understanding the Market | COWELL rose over 6% in early trading as institutions pointed out that the Apple supply chain will be more resilient against the backdrop of rising storage prices
COWELL's stock rose over 6% in the morning session, and as of the time of writing, it increased by 5.92%, trading at HKD 29.32, with a transaction volume of HKD 74.8627 million. In terms of news, according to media reports, Apple has agreed to purchase DRAM chips from Samsung Electronics at double the original price. The report indicates that Apple has raised its iPhone shipment target for this year to 240 million units and has locked in memory capacity through aggressive procurement strategies. Analysts point out that Apple is acquiring memory on the market regardless of cost, further exacerbating its competitors' memory shortages and allowing it to capture a larger market share. China Merchants Securities believes that against the backdrop of rising storage costs, Apple's excellent supply chain management and more flexible pricing strategies will make its related segments more resilient. As a core supplier of optical cameras for Apple, COWELL's rear camera business is entering a sustained growth cycle, and in the coming years, upgrades in optical technology for Apple phones and wearables, along with market share increases, will drive a new round of high growth for the company, while actively laying out new businesses such as MicroLED and robotics, providing considerable growth potential
According to Zhitong Finance APP, COWELL (01415) rose over 6% in early trading, and as of the time of publication, it was up 5.92%, trading at HKD 29.32, with a transaction volume of HKD 74.8627 million.
On the news front, media reports indicate that Apple has agreed to purchase DRAM chips from Samsung Electronics at twice the original price. The report noted that Apple has raised its iPhone shipment target for this year to 240 million units and has locked in memory capacity through aggressive procurement strategies. Analysts pointed out that Apple is acquiring memory on the market regardless of cost, further exacerbating its competitors' memory shortages and allowing it to capture a larger market share.
CITIC Securities believes that in the context of rising storage costs, Apple’s excellent supply chain management and more flexible pricing strategies will make its related segments more resilient. As a core supplier of optical cameras for Apple, COWELL's rear camera business is entering a sustained growth phase, and in the coming years, upgrades in optical technology for Apple’s smartphones and wearables, along with market share increases, will drive a new round of high growth for the company. Additionally, COWELL is actively laying out new businesses such as MicroLED and robotics, presenting considerable growth potential
