Accessibility StatementSkip Navigation SAN JOSE, Calif., Oct. 21, 2025 /PRNewswire/ -- Sanmina Corporation (NASDAQ: SANM) announced today that it will host its fourth quarter and fiscal year 2025 earnings conference call on Monday, November 3, 2025 at 5:00 p.m. ET (2:00 p.m. PT). The live webcast presentation and supporting materials will be available on the Sanmina website at www.sanmina.com in the Investor Relations section. A webcast replay will be available at the same location upon the conclusion of t ...

Key TakeawaysElevance Health (ELV) and Danaher (DHR) both reported stronger-than-expected Q3 2025 earnings, surpassing analyst estimates for adjusted EPS and revenue.Coinbase (COIN) is set to acquire crypto-investing platform Echo for approximately $375 million, marking its eighth acquisition this year.Apple supplier Hon Hai has mandated banks for its debut Euro bond sale, signaling new financing avenues for the tech giant's supply chain.The USD/JPY currency pair extended its gains, reportedly rising 0.8% t ...

21 October 2025 | 1:43AM HKT Equity Research Key takeaways 1. Profitability matters: Management maintained that margins matter to the company, and that there are several ways for them to at least hold steady, GM under the strong ramp up of rack-level AI servers: (1) enlarging scale: FII will continue to add new customers and increase allocation in existing customers to drive up scale, enhancing production efficiency, (2) focusing on better margin projects: similar to their strategy in general servers, FII w ...

BANGKOK, Thailand, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced it will release financial results for the first quarter of fiscal year 2026, which ended September 26, 2025, after market close on Monday, November 3, 2025. On that day, management will hold a conference call and webcast at 5:00 p.m. ES ...

Flash | 15 Oct 2025 20:00:23 ET │ 12 pages Lens Technology (6613.HK) Key Takeaways from HK Investor Meetings CITI'S TAKE Lens Tech hosted investor meetings in Hong Kong on 15-Oct. Key takeaways include (1) Lens Tech will supply to 3,000 humanoid robots and 20,000 robot dogs assembly in 2025. For 2026, Lens Tech could supply at least 20,000 humanoid robots assembly. (2) Lens Tech could realize server-related revenue of tens of million in 2025 and Rmb5bn in 2026, mainly metal structural parts. (3) Lens Tech c ...

The Taiwanese company's shares surged in yet another stock jump driven by investor enthusiasm about AI. ...

Summary of Foxconn Industrial Internet (FII) Conference Call Company Overview - **Company**: Foxconn Industrial Internet (FII) - **Ticker**: 601138.SS - **Market Cap**: Rmb1.3 trillion / $176.3 billion - **Current Price**: Rmb63.38 - **12M Price Target**: Rmb83.8, representing a 32.2% upside Key Industry Insights - **AI Servers Market**: FII is positioned as a leader in the AI servers segment, with significant market share gains attributed to its scale, global coverage, and supply chain influence during the AI technology revolution [1][2][25]. - **Revenue Growth**: FII's revenue from AI servers is expected to grow from 8% in 2022 to 68% in 2026E, indicating a strong shift towards AI-driven products [25]. Financial Performance and Projections - **Earnings Estimates**: - 2026E Net Income revised up by 8% to Rmb56.432 billion - 2027E Net Income revised up by 7% to Rmb70.725 billion - 2026E EPS projected at Rmb2.84, up from Rmb2.63 [11][12][14]. - **Revenue Forecasts**: - 2025E Revenue: Rmb945.957 million - 2026E Revenue: Rmb1,470.954 million - 2027E Revenue: Rmb1,955.424 million, with AI servers contributing 75% of total revenue [10][12][28]. - **Operating Metrics**: - Operating income margin expected to improve from 4.2% in 2024 to 4.5% in 2026E [12][14]. Market Position and Competitive Advantages - **R&D and Execution**: FII's strong R&D capabilities and early product deliveries have allowed it to penetrate leading US Cloud Service Providers (CSPs) [2][14]. - **Vertical Integration**: Partnership with TECO enhances FII's capabilities in AI data center construction, supporting client deployments of AI servers [2][14]. - **Cost Management**: Operating expenses are projected to grow at an 18% CAGR from 2025E to 2027E, leading to a reduction in the operating expense ratio from 2.9% in 2024 to 1.3% in 2027E [7][12]. Valuation and Price Target - **Target P/E Ratio**: Updated to 29.5x for 2026E, reflecting a market re-rating due to the strong fundamentals in the AI server segment [19][26]. - **Comparison with Peers**: FII's 2026E trading P/E is 24.1, compared to peers like Gigabyte (11.7) and Wistron (14.0) [22]. Risks and Concerns - **Market Concerns**: There are worries about the sustainability of FII's market share in AI servers due to client diversification preferences [2][27]. - **Operational Risks**: Potential risks include worse-than-expected demand for AI servers, slower capacity ramp-up in new factories, and lower-than-expected iPhone shipments [27]. Conclusion - **Investment Recommendation**: Maintain a Buy rating with a target price of Rmb83.8, supported by strong growth prospects in the AI server market and improved operational efficiencies [1][25][26].

Core Insights - CommScope Holding Company, Inc. (COMM) and Celestica Inc. (CLS) are key players in the communications and networking hardware sector, with CommScope focusing on solutions for wireline and wireless network convergence essential for 5G technology [2] - Celestica is a major firm in the electronics manufacturing services (EMS) industry, providing a wide range of manufacturing and supply-chain solutions to various sectors [3] CommScope Overview - CommScope is implementing stringent cost-cutting measures and focusing on core operations, including the divestiture of its Home Networks business and the acquisition of Casa Systems' Cable Business assets to enhance its market position [5][6] - The company has launched the HX6-611-6WH/B antenna, which offers a high-capacity microwave backhaul solution, ensuring reliable connectivity for mobile network operators [7] - Despite its strategic moves, CommScope faces intense competition from companies like Amphenol Corporation and Corning Incorporated, along with challenges from trade tensions and raw material price volatility [8] Celestica Overview - Celestica is benefiting from AI-driven demand and has a diverse customer base across high-value industries, with projected sales and EPS growth of 20.6% and 43% respectively for 2025 [10][14] - The company focuses on product diversification and has a strong R&D foundation, allowing it to produce both high-volume and complex technology infrastructure products [12] - However, Celestica is experiencing margin pressures due to high R&D costs and faces competition from firms like Foxconn and Flex [13] Financial Performance - The Zacks Consensus Estimate indicates that CommScope's 2025 sales and EPS are expected to grow by 11.2% and 4,400% respectively, while Celestica's growth estimates are significantly higher [14][16] - Over the past year, CommScope's stock has increased by 170.4%, while Celestica's has surged by 324.1% [17] - From a valuation perspective, CommScope's shares trade at a forward P/E ratio of 10.04, which is lower than Celestica's 38.01, making CommScope appear more attractive [19] Investment Outlook - CommScope holds a Zacks Rank of 3 (Hold), while Celestica has a Zacks Rank of 2 (Buy), indicating a more favorable investment outlook for Celestica [21] - Both companies anticipate improvements in sales and profits for 2025, but Celestica's consistent revenue and EPS growth, along with its better performance metrics, suggest it may be a superior investment option at this time [22]

Technology - Hardware Albert Hung AC (886-2) 2725-9875 albert.hung@jpmchase.com J.P. Morgan Securities (Taiwan) Limited/ J.P. Morgan Securities (Asia Pacific) Limited/ J.P. Morgan Broking (Hong Kong) Limited J P M O R G A N Asia Pacific Equity Research 12 October 2025 Taiwan ODMs Largely in-line 3Q revenue, stronger GPU server ramp in 4Q Most Taiwan server ODMs reported largely in-line 3Q25 revenues. General server shipment momentum took a pause in 3Q25 post tariff-driven inventory pre-build in 1H25. Nvidia ...

快克智能在互动平台表示，公司为安费诺提供高速连接器的AOI检测设备。 ...