ALL >> Business >> View Article
The Woo Group Predicts Cyclical Turn Of Semiconductor Equipment Manufacturer
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.
Business Articles1. Title Loan: Well Option To Get Cash ?
2. New York Customs Importer Security Filing
3. Hydraulic Pipe Repairs Atlanta Carried Out By Experts In The Industry
4. Hiring A Planner For Your Beach Wedding
Author: Steve Hardin
5. Stag Weekends In Riga
6. Real Time Forex Signals – 3 Ways To Benefit From Them
Author: Marianne Edward
7. Forex Signal Provider – How Do They Assist The Traders?
Author: Marianne Edward
8. Flight Ticket Booking
9. Politicians- Why They Are Being Trolled By Public?
Author: Voteo Polis
10. 7 Biggest Human Resource Mistakes Made By Businesses
Author: Sandra Lee
11. Mobile Beauty Team In Arlington
12. Shop At A Great Knives Store
13. Construction Company In Uk
14. Cool Portable Mini Dvd Players
Author: Justin Kimbrough
15. Get The Complete Contact Details Of Trackvia Database Technology Users That Generates High-quality P
Author: Jordan Smith