123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Business >> View Article

The Woo Group Predicts Cyclical Turn Of Semiconductor Equipment Manufacturer

By Author: Woo Group
Total Articles: 24

Jul. 24, 2013 - HONG KONG -- Ultratech (NASDAQ:UTEK) is a small company that produces a range of semiconductor related products; the management identifies gaps in the market, and looks to take market share. Their core business is in advanced packaging lithography, which is the case where the semiconductor is housed. These cases protect the chip from impact and corrosion. Ultratech currently holds nearly 80% of the market share, and has been the market leader for the last decade.

“Demand is constantly increasing in this sector as technology advances, demand for more advanced packaging increases as well. The stock is clearly undervalued at the current price” said Anthony Scott, Technology Analyst at The Woo Group in Hong Kong.

Another important operating sector for Ultratech is annealing. Silicon wafers are annealed, meaning that they are heated in order to modify the electrical properties of the semiconductor. Traditionally this process was done in furnaces, but Ultratech is developing laser spike annealing. This process allows the material to be heated to a much hotter temperature in far less time, it is integral for the manufacturing of smaller semiconductors.

The semiconductor industry is extremely cyclical, and Ultratech is nearing the bottom and approaching the upswing. Ultratech officials have recently stated the company expects a two quarter slow down as problems have occurred with the production of the Company’s first generation new types of semiconductor. Manufacturers are therefore hesitant.

“Whichever new product they choose, it is irrelevant for Ultratech, as their systems will be needed no matter what decision is made, so this slowdown can be seen as a temporary window of opportunity for investment” said Dr. Lian Cheung, Head of Investment Analysis.

“Recently there have been a number of acquisitions in the semiconductor equipment sector, and I believe that Ultratech will receive purchase offers from larger competitors especially if their laser spike annealing technologies become the industry standard. I am expecting them to hit their upswing early next year with share prices increasing more than 40% from their current prices. I will be recommending my clients to buy in the coming weeks as Ultratech has not quite reached the bottom of their cycle, said Dr Lian Cheung.

About The Company

The Woo Group is privately owned and funded by the Woo family here in Hong Kong, we have no shareholders or investors.

The Woo Group was established in 2002 by the founding fathers Jon and Jason Woo, of the Hong Kong Woo family, whose enormous wealth and expertise in the financial industry ensured immediate success, which The Woo Group continues to enjoy today.

In its infancy The Woo Group employed only 15 members of staff, a number that has now grown to over 800 making The Woo Group the largest, not to mention most prestigious equity research house in Hong Kong.

Total Views: 93Word Count: 460See All articles From Author

Business Articles

1. Best Professional Seo Services Online
Author: rddsSales

2. Here’s How To Stop Dreading Year-end Employee Reviews
Author: Leon A. Elwell

3. 5 Useful Tips To Lead Your Business Successfully Online
Author: Bilal Muktinathn

4. Essentials To Know Before Starting A Manufacturing Business In India
Author: Bilal Muktinathn

5. Trusted Builder In Kottayam Kerela
Author: 0

6. Importance Of Liquid Filling Equipment
Author: Feigeasia Pte Ltd

7. Depend On Experience For Your Crane Service
Author: Josh Myshak

8. Crane Services Reduce Construction Downtimes And Reduce Costs
Author: Josh Myshak

9. Top Advantages Of Choosing The Injection Moulding Products
Author: Hqmould

10. השתקפות של נויטרונים ביקוע מתוך רצפת בטון
Author: Kidoh65

11. The Latest Techniques Of Fiber Laser Marking Machine
Author: Signvecpteltd

12. Student Shipping Uk To Nigeria
Author: ogongo17

13. Tips To Guide Your Purchase Of Exceptional Commercial Gates
Author: Danny Woodhams

14. Duplicate Chip Keys Locksmith
Author: okeydokeylocksmith

15. Buy Dog Muzzle – Pet Muzzle You Choose Must Help The Dog To Get The Treats Easily!
Author: Rainer Kindelmann

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: