Limited impact on Inari’s earnings

Kenanga Research.has maintained its “market perform” stance on Inari at a lower target price of RM2.60, as compared with the previous RM2.85.

PETALING JAYA: Inari Amertron Bhd is expected to see limited impact on its earnings from Apple Inc’s decision to move towards developing its own in-house chipsets to command control of the supply chain.

However, the United States smartphone manufacturer’s decision could weigh down investor sentiment towards the electronics manufacturing services (EMS) company in Malaysia, according to Kenanga Research.