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UOB Kay Hian Securities said on Friday that company well positioned for the 5G convergence. “Besides new 5G smartphones (on multifold increase in RF filters), Inari will also benefit from the inevitable growth in 5G infrastructure with its expertise in fiber-optics chips and optoelectronics,” it added. Notes, valuation undemanding even after recent share price recovery and any share price weakness presents a buying opportunity.
