PSA Today Apr 20: Tech hit by TSMC / TSMC's Lacklustre Smartphone Outlook / Takeda may still Acquire Shire / Competition in Asia's CV Market / Denso-Aisin Gap Reversal / Tough Times Ahead for LINE – Nikkei -0.03%
Japan Market Comment by Joel Scheiman, Julie Boote, William Nestuk and Thao NguyenNikkei ¥22,162.24 (-¥28.94 / -0.13%); Topix ¥1,751.13 (+¥0.95 / +0.05%); ¥/$107.63
Tags: TSMC (2330 TT), Screen (7735 JP), Ulvac (6728 JP), Sumco (3436 JP), Fanuc (6954 JP), Tokyo Electron (8035 JP), Alps (6770 JP), CyberAgent (4751 JP), AltPlus (3672 JP), Nintendo (7974 JP), Shin-Etsu Chemical (4063 JP), Apple (AAPL US), Nissha (7915 JP), Takeda (4502 JP), Shire (SHP LN), Allergan (AGN US), Isuzu (7202 JP), Hino (7205 JP), UD Trucks Corp, Mitsubishi Fuso Trucks and Bus Corp, AB Volvo (VOLVB SS), Daimler (DAI GR), Geely (175 HK), VW (VOW GR), Aisin Seiki (7259 JP), Denso (6902 JP), LINE (3938 JP), SoftBank (9984 JP), KDDI (9433 JP), NTT Docomo (9437 JP)
Main Points at a Glance
• Tech hit on TSMC’s numbers, but the fun continues in gaming
• The message from TSMC is that smartphone demand will be weak
• Risk of more competition in Asia’s commercial vehicle market
• Takeda May Still Acquire Shire
• Denso-Aisin gap reversal
• LINE: Difficult times ahead
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.