The US Department of Foreign Capital's revised target price triggered heavy selling pressure on TPK-KY. TPK-KY finally managed to gradually increase its share price last week. It pulled out a long red bar, but the long black bars emerged on the two trading days this week. The line, below the 5th line, today is on the tenth line.
Affected by fierce price competition, the US Department of Foreign Investment expects that the gross profit margin of TPK-KY iPhone-related products will be affected from the second half of this year.
The U.S. Department of Foreign Investment estimated that the new 6.1-inch LCD panel iPhone demand may not be as expected. It was decided that the rating would be lowered by two levels from 'buy' to 'sell', and the target price would be revised down to 60 yuan.