Report
Frederic Yoboue

BE SEMICONDUCTOR - NEUTRAL | EUR23(-16%) Still a challenging environment for Besi with no short-term catalysts

BE SEMICONDUCTOR - NEUTRAL | EUR23(-16%)
Still a challenging environment for Besi with no short-term catalysts

The market has stabilized but remains challenging for Besi
A month away from having clearer visibility for smartphones
Future opportunities from Intel and 5G not before 2020/2021
We are making no change to our rating and FV
Underlyings
BE Semiconductor Industries N.V.

Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Frederic Yoboue

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