PSA Today Dec 12: Drifting still / 5G spend gets extra tax break / Auto online sales disrupt the old model / Line Pay's overseas alliance – Nikkei +0.14%
Japan Market Comment by Pelham Smithers, Julie Boote and Thao NguyenNikkei ¥23,424.81 (+¥32.95 / +0.14%); Topix ¥1,712.83 (-¥2.12 / -0.12%); ¥/$108.60
Tags: Tokyo Electron (8035 JT), Advantest (6857 JT), Sumco (3436 JT), Shin-Etsu Chemical (4063 JT), Apple (AAPL US), Qualcomm (QCOM US), TSMC (2330 TT), Sony (6758 JT), Nintendo (7974 JT), Square Enix (9684 JT), Rakuten (4755 JT), NTT DOCOMO (9437 JT), KDDI (9433 JT), Rakuten (4755 JT), NEC (6701 JT), Fujitsu (6702 JT), Anritsu (6754 JT), Hitachi (6501 JT), Daifuku (6383 JT), Fanuc (6954 JT), ISB Corp (9702), Hyundai Motor (005380 KS), Mitsubishi Motors (7211 JT), Toyota (7203 JT), LINE (3938 JT), Z Holdings (4689 JT)
Main Points
• Market drift continues
• 5G investment gets increased tax break
• Auto online sales to disrupt traditional sales model
• LINE Pay forms cross-border mobile payment alliance
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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