Vanguard (5347.TT): We Think Vanguard Can Easily Reach 1Q22 Guidance.
We think Vanguard can easily reach 1Q22 guidance. It’s NTD$4.976~5.176bn to go in March to reach the 1Q22 guidance of NTD$13.2~13.6bn. We still see...
352 Views
Semiconductors: Record Allocations Among High Growth EM Managers
Semiconductor exposure hits record highs among EM aggressive growth managers. Remain the largest industry group holding and the largest overweight...
241 Views
Novatek (3034.TT): A Good Year Ahead, and Likely to Expand to SMIC for Wafer Foundry
In 1Q22, Novatek reported revenue, GM and OPM expected to NT$35.8~36.8bn, 48~51% and 34~37% respectively, which revenue was at -1.92~+0.82% QoQ. We...
262 Views
Asia: The Year in Shorts
There have been large increases and decreases in short interest on stocks across HK, Japan, Korea and Taiwan over the year. We look at the biggest...
375 Views
Novatek (3034 TT, NEUTRAL, NTD389.00)
Inventory adjustments by end-market panel makers may affect Novatek’s sales; downgrade to NEUTRAL. Despite limited capacity, Novatek continues to...
204 Views