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G Sachs Raises SMIC (00981.HK) TP to $29.5, CIS Demand May Drive Growth
Recommend
78
Positive
160
Negative
93
2021/01/19 14:31
Goldman Sachs raised forecasts on SMIC (00981.HK) to reflect higher CMOS Image Sensor (CIS) demand, which has shored up the utilization and ASP for its 40-65nm process nodes.

SMIC was retained at Buy, with target ramped up from $26.2 to $29.5.
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