PSA Today 12 July: Weak US and China tech crackdown / Video game console sales pick up / NTT's subsea cable work and NEC / Slumping CE demand – Nikkei -1.77%
Japan Market Comment by Pelham SmithersTags: Alibaba (BABA US), Cosmos Pharmaceutical (3349 JT), Lawson (2651 JT), W-Scope (6619 JT), W-Scope Chungju Plant (393890 KS), Nintendo (7974 JT), Nvidia (NVDA US), Square Enix (9684 JT), Capcom (9697 JT), NTT (9432 JT), Alphabet (GOOG US), Meta Platforms (FB US), NEC (6701 JT), Sony (6758 JT), Panasonic (6752 JT)
Main Points
• Weak US market, China tech crackdown, hit Japan shares
• Weekly video game console sales pick up as quarter ends
• NTT in new subsea cable move
• Japan consumer electronics demand slumping
Founded in 2009, Pelham Smithers Associates (PSA) provides market intelligence on Asian technology, focusing in particular on Japan. The industries covered by our team of specialists are: consumer electronics, telecomms, pharmaceuticals, internet, electronic parts and materials, automotive technology, retail and capital goods.
PSA produces both company and sector reports. The focus of PSA’s research is to identify winners and losers as new technologies impact the top and bottom lines of corporations. Critical to our research is the clear explanation of how these new technologies work and how they impact companies and industries.
The founding partners have worked closely together for twenty years and the team has more than doubled in size since 2012.
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