SINGAPORE (May 23): DBS Vickers is maintaining its “buy” call on Hi-P International with a target price of $1.07.

Hi-P is capitalising on the growth of the Smartphone and IoT segments in the next one to two years by ramping up its production.

According to analyst Lee Keng Ling in a Tuesday report, Hi-P is expected to expand production in order to meet orders from new customers as well as new products from existing customers.

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