Report
SECTOR | Semiconductors | After the lift-off, prepare for some turbulence
We take the opportunity presented by this report to update the current landscape for our semiconductor coverage. The sector is poised to register another year of strong growth in 2018. Major trends that are transverse to several applications should support long-term prospects. However, we believe investors should be prepared for more volatility and bumps from now on.
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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.
Frederic Yoboue
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