Daiwa Securities

Headlines · 4

1. 2d
   WIN Semiconductors draws split analyst views on AI optical and SpaceX growth

   WIN Semiconductors reported resilient RF demand from iOS devices and Wi-Fi routers, alongside strong low-Earth-orbit communications demand. Daiwa Securities, Morgan Stanley, and Goldman Sachs issued sharply different ratings and price targets, with Morgan Stanley highlighting AI optical-networking and SpaceX V3 opportunities while Goldman expects meaningful laser-diode revenue only around 2028.

   科技新报 · 🔥 3
2. 3d
   Daiwa keeps Sell on Vital Link despite AI-driven growth

   Daiwa Securities retained its Sell rating on Vital Link while raising its target price to NT$1,210, citing stronger-than-expected quarterly performance and a better outlook. The company reported Q3 2026 net profit of NT$621 million and forecast Q4 revenue of NT$1.8 billion, as CSP AI-datacenter construction supported demand for silicon-photonics materials. Daiwa also noted four-year supply agreements and planned capacity expansion, but warned that elevated valuation and limited margin expansion leave room for corrections.

   科技新报 · 🔥 0
3. Oct 19
   Biren raises about HK$17B in three rounds as stock falls ~65% from peak

   A Mktcap column republished by TMTPost says Biren Technology listed on the Hong Kong exchange on January 2 as the city's first GPU stock, raising HK$6.204 billion net, then completed discounted placements in July and on October 8, bringing total fundraising to about HK$17 billion in under ten months. The October placement was priced at HK$31.08; the shares closed at HK$30.36 that day, down 11.85%, and fell to HK$24.98 by October 15, roughly 65% below the HK$70.75 peak. The article says Biren is not short of cash — first-half 2026 revenue was RMB 1.236 billion, up about 20 times year on year, with RMB 4.86 billion of bank deposits at end-June — and that roughly 70% of the new placement goes to supply-chain procurement and production preparation for its next product; it cites a Daiwa note saying management raised its 2027 revenue guidance to RMB 20 billion from RMB 10 billion, and notes BR20X has been powered on and entered post-tape-out validation, with sampling slated for Q4 2026 and volume deployment in 2027.

   钛媒体 · 🔥 0
4. Oct 12
   Japan tightens cyber warnings after data leaks hit millions of customers

   Japan's National Cybersecurity Office has told ministries, local authorities and companies to strengthen cyber defences, including updating security software, using strong passwords and tightening supply-chain security. More than 20 major Japanese companies have disclosed attacks in recent weeks: an attack on car-sharing service Times Car leaked data from about 6.6 million member accounts including driving-licence images, rail operator JR East lost 1.67 million customer email addresses, and Lawson, Daiwa Securities and Bookoff also reported customer data leaks. Digital Transformation Minister Toshiharu Furukawa said the attacks are getting increasingly sophisticated, and the ruling LDP's cybersecurity strategy chief Masaaki Taira called it a "state of emergency in cyber space"; police logged a record 123 ransomware incidents in the first half of 2026.

   The Next Web · 🔥 0

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