[THE INVESTOR] Samsung Electro-Mechanics earnings will grow sharply, said Hanwha Investment and Securities on July 25, maintaining a “buy” recommendation and raising the target price to 140,000 won (US$125.52) from 120,000 won.

Its operating profit next year will break the 580 billion won record set in 2012, as multi-layered ceramic capacitor is in short supply and adoption of dual cameras expands, forecast analyst Lee Sun-hak.

The operating profit ratio of MLCC will rise to 20 percent next year, from the current 12 percent, and dual camera’s unit price will surge more than 40 percent, explained the analyst adding that operating loss from print circuit board unit, which has remained in red for the past three years, will shrink significantly to 28 billion won next year from this year’s 89 billion won. 

By Hwang You-mee (glamazon@heraldcorp.com)