Waiting for clearer demand signals - 2324 TT; HOLD-OPF
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We are concerned about the PC demand situation, especially for corporate PCs in 2H16, given new Intel Kaby Lake CPU will not support Windows 7, which remains a popular OS in the corporate market.
Compal Electronics is engaged in the design, research, development, manufacture and sale of computer, communication and consumer electronic products. Co.'s products include notebook computers, netbook computers, all-in-one computers, tablet computers, eReader, home cloud client infortainment player, automotive electronics, liquid-crystal display ("LCD") televisions, LCD monitor and projector. Through its subsidiaries, Co. is also engaged in the manufacture and sale of mobile devices; general investments; design, manufacture and sale of CD burner, backlight module and related parts; import and export trading; sale of wireless network products; notebook repair and after-sales services.
Yuanta is a Taiwan-headquartered brokerage with a growing presence in Asia, especially across Greater China. Our team of 140+ provides cutting-edge analysis on key sectors, spread across offices in Taiwan, Hong Kong, Shanghai (A-Share), Seoul and Jakarta. With an ever-expanding coverage universe of 400+ companies, we provide in depth analysis with unique local color to investors. Consistently being voted the Best Investment Consulting Firm in Taiwan in the AsiaMoney broker poll is evidence of our strength. We target providing an extensive range of research, from small, to mid-sized, to large cap. We bring you the big, well-covered names, as well as going off the beaten track to research the less-familiar companies.
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