President resigns after investigation found improper payments to a judge and customs officials at overseas subsidiaries, raising legal/compliance risk.
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Jabil Guides Fiscal 2027 Core EPS to $17.55 as AI Revenue Set to Jump 54%
Jabil reported fourth-quarter revenue up 29% year over year and core earnings per share up 34% to $4.40, and guided fiscal 2027 core EPS to $17.55, another gain of about 34%. The company generated $14.4 billion of AI-related revenue in fiscal 2026 and expects $22.1 billion in fiscal 2027, a 54% increase, with six customers in the segment expected to top $1 billion each in fiscal 2027. Jabil supported $36.0 billion of revenue in fiscal 2026 on just $470 million of net capital spending, lifting core return on invested capital to 59%, nearly triple the fiscal 2020 level, and buybacks absorbed about $1.1 billion of free cash flow during the year. On the risk side, chief supply chain officer Francis McKay said memory is being pulled toward AI and hyperscale buyers, squeezing other markets, and Connected Living is expected to shrink 15% to $2.3 billion, while healthcare fell short in the fourth quarter on equipment delays and a slipped customer program. Jabil is adding more than $8.5 billion of revenue in fiscal 2027, which management called unprecedented, and a second hyperscale customer is expected to pass 10% of total revenue, while net inventory days of 64 remain above the 55 to 60 day target.
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Semiconductors › Printed Circuit Boards (PCB & HDI) ▲Demand
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Krungsri upgrades electronics stocks to Bullish, highlighting DELTA and KCE as top picks
The analyst team at Krungsri Securities has raised its recommendation on the electronic components sector to Bullish from Neutral, expecting every company in the group to post stronger earnings in the third quarter of 2026 than in the second quarter, with momentum continuing through the fourth quarter of 2026 and into 2027. The brokerage expects the industry's combined profit to grow 52% in 2027, accelerating from 42% in 2026, driven by demand for both AI-related and non-AI products. It recommends buying all three stocks under coverage: DELTA with a target price of 320 baht and KCE with a target price of 97 baht, naming them top picks on the theme of product price increases, which should deliver the strongest net profit per share growth in 2027. DELTA is expected to post profit growth of 51% in 2027, up from 42% in 2026, while KCE is seen growing from 77% in 2026 to 82% in 2027, and HANA from 24% in 2026 to 45% in 2027. The brokerage also raised its earnings forecasts for KCE by 5% for 2026 and by 28% for 2027 to reflect its positive view that KCE is entering a sustained cycle of product price increases, including one more price increase in October 2026 on top of the two previously expected in July 2026 and January 2027. Among non-AI stocks, it still prefers KCE over HANA because KCE operates further upstream and owns its own laminate factory, giving it better control over raw material costs.
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Semiconductors › Interconnect & Passive Components ▲Pricing
Semiconductors › Passive Components (MLCC, Capacitors, Inductors) ▲Pricing
DELTA.BK · Capital · Positive Krungsri upgraded the electronics sector to Bullish and named DELTA a top pick with a 320 baht target, expecting 51% profit growth in 2027.
KCE.BK · Capital · Positive Krungsri named KCE a top pick with a 97 baht target and raised its earnings forecasts by 5% for 2026 and 28% for 2027.
KCE.BK · Pricing · Positive KCE is seen entering a sustained product price-increase cycle, including an additional October 2026 hike on top of the two previously expected.
HANA.BK · Capital · Positive Krungsri raised its sector view to Bullish and forecasts HANA's profit growth accelerating from 24% in 2026 to 45% in 2027, though it prefers KCE over HANA.
Yangdian Technology appoints Zhang Jun as board secretary; Qiu Qinjian steps down as board secretary but remains deputy general manager and CFO
Yangdian Technology announced that Qiu Qinjian, the company's deputy general manager, chief financial officer, and board secretary, has applied to resign from the position of board secretary due to work adjustments. After stepping down, he will continue to serve as deputy general manager and chief financial officer. On the same day, the company held the eleventh meeting of the third board of directors. Upon nomination by chairman Nie Kunlin and qualification review by the board's nomination committee, the board approved the appointment of Zhang Jun as board secretary, with a term starting from the date of approval by this board meeting until the end of the third board's term. Zhang Jun, born in October 1990, holds a master's degree in political economy from Jilin University and is a non-practising member of the Chinese Institute of Certified Public Accountants. He previously served as deputy general manager and board secretary of Xingyun Technology Co., Ltd. and as director of investor relations at Xingyuan Environment Technology Co., Ltd., and has obtained the board secretary qualification certificate issued by the Shenzhen Stock Exchange. The company has seen several senior management changes recently. In June 2026, former chairman Tang Xuemei resigned as chairman for personal reasons but continued to serve as an employee representative director. Non-independent director Zhu Zhenguo also resigned from his position as non-independent director. In July, the company elected Nie Kunlin as chairman. In terms of performance, in the first half of 2026 the company achieved total operating revenue of 765 million yuan, up 18.83 percent year on year, and net profit attributable to the parent company of 31.0066 million yuan, up 43.62 percent year on year.
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Semiconductors › Printed Circuit Boards (PCB & HDI) Talent
Semiconductors › Passive Components (MLCC, Capacitors, Inductors) Talent
301012.CS · Capital · Neutral board secretary change (Qiu Qinjian resigns role, Zhang Jun appointed) is a management/leadership change with no clear positive or negative effect