PSA Today July 8: Following Wall Street lower / Apple's new phones and OLED / Fuel cell trucks, the state of play / Daikin and Daifuku shares defy the market – Nikkei -0.78%
Japan Market Comment by Pelham Smithers, Julie Boote, and William NestukNikkei ¥22,438.65 (-¥176.04 / -0.78%); Topix ¥1,557.23 (-¥14.48 / -0.92%); ¥/$107.50
Tags: BASE Inc (4477 JT), CyberAgent (4751 JT), Hioki EE (6866 JT), Apple (AAPL US), Sharp (6753 JT), MinebeaMitsumi (6479 JT), LG Display (034220 KS), BOE (000725 CH), Murata (6981 JT), Taiyo Yuden (6976 JT), TDK (6762 JT), Hyundai Motors (005380 KS), Toyota Motor (7203 JT), Hino Motors (7205 JT), Tesla (TSLA US), Nikola Corp (NKLA US), Honda Motor (7267 JT), Isuzu Motors (7202 JT), Daimler (DAI GR), Volvo Group (VOLVB SS), Daikin Industries (6367 JT), Daifuku (6383 JT), Nabtesco (6268 JT)
Main Points
• Tokyo follows Wall St lower
• Apple to use OLED in all new iPhones
• Fuel cell trucks in the spotlight
• Big plays: Daikin & Daifuku post listing highs again
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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