PSA Today Dec 12: China auto tariff concessions: rebound / Olympus problems / Key Friday China stats / Autos up on China US tariff cuts / Showa Denko considered / FTC and big data – Nikkei +2.15%
Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and Lindsay WhippNikkei ¥21,602.75 (+¥454.73 / +2.15%); Topix ¥1,606.61 (+¥31.30 / +1.99%); ¥/$113.48
Tags: Screen (7735 JT), NEC (6701 JT), Hitachi Hi-tech (8036 JT), Huawei (pvt.), Olympus (7733 JT), Ambu (AMBUB DC), Hoya (7741 JT), Fujifilm (4901 JT), Showa Denko (4004 JT), Sumco (3436 JT), NTT Data (9613 JT), TIS (3626 JT), Nomura Research Institute (4307 JT), Alphabet (GOOG US), Amazon (AMZN US), Facebook (FB US), Alibaba (BABA US)
Main Points at a Glance
• Japan rebounds as China makes auto tariff concession
• Have Olympus’s problems only just begun?
• Key Chinese economic data out on Friday
• Auto stocks rise on China US auto import tariff cut
• Delayed reaction to Showa Denko’s announcement
• Google, Amazon, Facebook beware: Japan’s FTC to loom large over data concentration
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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