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they're - 1 Bernstein - 1 we've - 1 — CNBC's Michael Bloom - 1
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Stock - 1 Lenovo Group - 1 Foxconn Technology - 1 Samsung SDS - 1 SK Hynix - 1 AAC Technologies - 1 Kakao - 1

Search resuls for: "AAC Technologies"


5 mentions found


☆ Forget the megacaps. Bernstein likes these global stocks from an 'unloved' corner of tech
  + stars: | 2023-10-31 | by ( Weizhen Tan | ) www.cnbc.com   time to read: +3 min
"Going forward, we still find valuation/earnings support for value tech stocks over growth or expensive tech names," the analysts wrote. "We would recommend avoiding expensive tech names as well as tech stocks that are unprofitable and expected to remain unprofitable." These are some names in its screen of value Asia tech stocks: MediaTek , JD.com , Lenovo Group , Foxconn Technology and Samsung SDS. And these are some of those that showed up on its screen of high-growth Asia tech stocks: Naver , SK Hynix , AAC Technologies , Luxshare and Kakao Games. On the whole, Bernstein is relatively positive on the Asia tech sector.
Persons: they're, Bernstein, we've, — CNBC's Michael Bloom Organizations: Stock, Lenovo Group, Foxconn Technology, Samsung SDS, SK Hynix, AAC Technologies, Kakao Locations: Asia, China, U.S
☆ Apple reportedly nixes iPhone 15 button upgrade, sending supplier stock down 12%
  + stars: | 2023-04-12 | by ( Rohan Goswami | ) www.cnbc.com   time to read: +1 min
The Apple iPhone 14, iPhone 14 Pro, and iPhone Pro Max on sale at the company's Fifth Avenue store in New York, US, on Friday, Sept. 16, 2022. Photographer: Jeenah Moon/Bloomberg via Getty ImagesApple supplier Cirrus Logic's shares fell about 12% early afternoon Wednesday after a report from analyst Ming-Chi Kuo said that the upcoming iPhone 15 Pro won't use Cirrus' haptic touch technology as heavily as initially expected. Cirrus' technology and parts help power Apple's haptic touch systems, which have been used to replace physical buttons, like the home button on some iPhones, with touch-sensitive buttons that mimic the way a button push feels. Cirrus' relationship with its "largest customer," widely acknowledged as Apple, provided around 88% of its revenue for the most recent quarter. Kuo had previously said that Apple would expand its use of Cirrus' technology beyond haptic touch and replace the physical volume buttons with solid-state technology.
☆ Cirrus Logic slumps as analyst says Apple to abandon button design change
  + stars: | 2023-04-12 | by ( ) www.reuters.com   time to read: +2 min
April 12 (Reuters) - Shares of Apple Inc (AAPL.O) supplier Cirrus Logic Inc (CRUS.O) tumbled about 12% after a renowned analyst said the iPhone maker will abandon the solid-state button design for premium variants of its iPhone 15 series of smartphones. Amid speculation Apple would use a button format that remains static, TF International Securities analyst Ming-Chi Kuo, known for his accurate predictions related to Apple's product launches, said in a blog post the company decided to abandon the design shift. "Investors had anticipated that the new solid-state button design would increase suppliers' revenues and profits," Kuo said. Shares of integrated circuit maker Cirrus Logic have hit their lowest in over two months and are set for their worst day in about two years. Cirrus Logic declined to comment.
☆ Goldman Sachs reveals outlook for Greater China tech – and names its top picks for 2023
  + stars: | 2022-12-19 | by ( Zavier Ong | ) www.cnbc.com   time to read: +3 min
One segment of the stock market that has been particularly beaten down is the tech sector. Goldman Sachs , however, has a mixed outlook on the sector for 2023. In a note titled "Greater China Tech: Demand outlook by sub-sectors; key indicators and top picks for 2023" on Dec. 9, the bank shared its outlook and top stock picks for the various sub-sectors. Goldman's top picks in the automotive software segment include ThunderSoft, Desay and ArcSoft Corp, while the bank's top pick in the cybersecurity software segment is Beijing Venustech. Smartphones Goldman expects growth in the smartphones segment to remain flattish in 2023, driven by soft shipments in China.
☆ Shares in Apple supplier Goertek tumble after client suspends order
  + stars: | 2022-11-09 | by ( Josh Ye | ) www.reuters.com   time to read: +1 min
Goertek said late on Tuesday it had received the notice from a "major overseas client", without disclosing the identity of the customer or product. Shares in Goertek fell by their maximum, triggering a trading suspension in accordance with exchange rules. "Goertek's suspension of production is more likely due to production issues rather than demand issues," he said. Apple and Goertek, whose clients also include Samsung and Microsoft, did not immediately reply to requests for comment. Goertek rivals Luxshare (002475.SZ) and AAC Technologies (2018.HK) jumped as high as 4.6% and 14.6%, respectively, before paring gains.
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