Elmos Semiconductor SE : An increase in the 2022 guidance is possible
>The start to the earnings season shows strong momentum in the automotive sector and easing supply chain constraints - In light of the first publications in the sector (TSMC, ASML, NXP) which highlight the continuation of very strong momentum in automotive, we think that Elmos’ Q2 2022 could show a better performance than we initially expected. We think that the group could benefit from: 1/ very brisk demand (confirmed for TSMC, ASML and NXP yesterday evening, and; 2...ELMOS Semiconductor is engaged in the development, manufacture and distribution of microelectronic components and system parts (application specific integrated circuits or, in short: ASICs) and technological devices with similar functions.Co. divides its activities into: medical technology, semiconductor, which is engaged in the sale of automotive electronics and supplying semiconductors e.g. for applications in household appliances, photo cameras, installation and building technology, and machine control systems; and micromechanics, which is engaged in the sales of product containing micro-electro-mechanical systems which are for the most part silicon-based high-precision pressure sensors.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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