[Click eStock] "Fabernine, Increasing Demand for Smart Signage for Contactless Orders"
[Asia Economy Reporter Hyungsoo Park] ResearchAlum analyzed on the 12th that Fabernine is expected to benefit from this year's launch of Samsung Electronics' 'Mini LED TV' and the increase in sales of 'Smart Signage.' The target stock price was suggested at 10,500 KRW.
Choi Seonghwan, Senior Researcher at ResearchAlum, introduced, "Fabernine is a specialized aluminum surface treatment company responsible for the exterior of Samsung Electronics' TVs and home appliances."
He added, "They have developed anodizing technology at the highest domestic level and have maintained the status as the sole aluminum exterior partner of Samsung Electronics for over the past 10 years."
Researcher Choi stated, "Recently, as consumers emphasize design when choosing home appliances, the application of metal, which has a premium image, is increasing," and added, "Surface treatment technology is mainly applied to premium products, leading to an increase in the average selling price (ASP) every year."
Furthermore, he predicted, "This year, Fabernine will benefit from Samsung Electronics' Mini LED TV launch and the growing demand for Smart Signage."
Hot Picks Today
Researcher Choi analyzed, "Since 2015, Fabernine has been exclusively responsible for the exterior parts of the unmanned terminals ‘Smart Signage’ supplied by Samsung Electronics to Starbucks and McDonald's," and added, "About 40% of new stores include drive-thru counters, so the demand for Smart Signage is also expected to increase."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.