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AP Systems benefiting from rising OLED orders

Display equipment maker attracting strong orders from Samsung, China

SEOUL -- AP Systems stands to benefit from rising orders for its organic light-emitting diode equipment from its key client, Samsung Electronics, as well as customers from China as the panel display industry experiences a structural shift from liquid crystal displays, analysts said on Wednesday.

Nomura said that AP Systems remains its top pick given high entry barriers for potential competitors, high OLED exposure, and diversifying customer and product mixes.

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