Lyon: Anticipates Robust Mid-Term Performance for Tech Stocks; Highlights AAC Technologies, Xiaomi, and SMIC
1 day ago / Read about 0 minute
Author:小编   

Despite a sluggish start in the first half, China's smartphone market anticipates robust mid-term results for tech companies. Strategic price reductions on iPhones have spurred sales, while continuous upgrades of Android products are driving demand. Additionally, concerns over Sino-US tariffs have led to advanced shipments of PCs. Lenovo, despite price hikes, maintains stable demand, prompting upward revisions in first-quarter net profit forecasts. Among the preferred picks, AAC Technologies, Xiaomi, and SMIC stand out. AAC Technologies is expected to witness a significant boost in mid-term earnings, while SMIC's second-quarter revenue projections point to growth, leading to upward adjustments in target prices.