Still guiding for a V-shape recovery ahead, but now with a smaller magnitude - 6488 TT; BUY
​The company is considered one of the best MEMS/sensor and automotive semiconductor plays in Taiwan given its high exposure to some of the global leading players. At yesterday’s conference, mgmt reiterated that 4Q15 was the bottom for this cycle, and it expects to see sequential sales growth throughout this year, echoing the positive outlook for the industry.
GlobalWafers.Co.,Ltd is a Taiwan company principally engaged in the design, research, development, manufacture and sales of semiconductor rods and wafers. The Company's main products include semiconductor ingot products, semiconductor chip products and other products. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia and the Americas.
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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