[Alpha Biz= Ellie Kim] SEOUL, May 26 — Shinhan Securities has raised its target price for Samsung Electro-Mechanics from KRW 1 million to KRW 2 million, citing strong growth prospects driven by high-value products and rising demand in AI-related markets.

Analysts said the company is benefiting from an expanding product mix and improving pricing power, distinguishing the current cycle from previous downturns.

The upgrade follows Samsung Electro-Mechanics’ recent announcement of a KRW 1.6 trillion supply agreement for silicon capacitors, a key component used in high-performance semiconductor packages such as GPUs and high-bandwidth memory (HBM) for AI servers.

Silicon capacitors, which offer significantly lower resistance compared to traditional MLCCs, help enhance power stability and minimize signal loss in advanced chips. The company’s expertise in ultra-fine processing technologies has enabled it to enter the AI semiconductor supply chain.

Shinhan Securities expects continued growth momentum as demand for high-performance components increases alongside the expansion of AI infrastructure.

 

 

 

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