PSA Today June 17: Feeble market / Huawei's handset sales / Aha! Here's Toyota with a dedicated EV platform / IHI considered - Nikkei +0.03%
Japan Market Comment by Pelham Smithers, Julie Boote and William NestukNikkei ¥21,124.00 (+¥7.11 / +0.03%); Topix ¥1,539.74 (-¥6.97 / -0.45%); ¥/$108.60
Tags: Tokyo Steel (5423 JT), TPK (3673 TT), Japan Display (6740 JT), SoftBank Group (9984 JT), Sprint (S US), T-Mobile (TMUS US), Huawei (pvt.), Sony (6758 JT), TDK (6762 JT), Toyota (7203 JT), VW (VOW GR), Ford (F US), Subaru (7290 JT), Mazda (7261 JT), Suzuki (7269 JT), IHI (7013 JT), MHI (7011 JT), KHI (7012 JT), Lufthansa (LHA GR), Bombardier (BBD/B CN)
Main Points
• Tokyo Weaker
• Huawei’s international handset sales seen down 40~60%
• Toyota following in VW’s footsteps with dedicated EV platform
• IHI hoping to fly
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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