Asia and Global Semiconductor and Tech Research

Andrew Lu

Former Head of Asia ex-Japan Semiconductor and TFT-LCD/Touch Research at Barclays and Citi Bank, Former Head of Technology at 國金證券

Thoughts on Amazon –What Does Its Valuation Tells Us?

Netflix & Amazon Expand in Korea – Not a Coincidence

Okja: The Fight Between Netflix Vs. CJ CGV

Equity Bottom-Up

Taiwan Semiconductor (TSMC) / Equity Bottom-Up

<p><em><a href="https://www.smartkarma.com/entities/11230" target="_blank" data-smartkarma-citation="entities:11230:1">Taiwan Semiconductor Mfg. Co. Ltd.</a> reports a better 2Q16 and guides a stronger 3Q16 but hints 4Q16 inventory and demand adjustment. We believe most of analysts will remain their views unchanged but be struggling between long term positive catalysts vs. short term seasonal adjustments after recent strong share price performance (26% ytd vs. 11% std on Taiwan Weighted Index). Analysts will need to know what will be likely seasonal sales decline and margin contraction in 4Q16 and 1Q17 in order to</em>…</p>

Taiwan Semiconductor Mfg. Co. Ltd. reports a better 2Q16 and guides a stronger 3Q16 but hints 4Q16 inventory and demand adjustment. We believe most of analysts will remain their views unchanged but be struggling between long term positive catalysts vs. short term seasonal adjustments after recent strong share price performance (26% ytd vs. 11% std on Taiwan Weighted Index). Analysts will need to know what will be likely seasonal sales decline and margin contraction in 4Q16 and 1Q17 in order to…

Siliconware Precision Industries (Adr) (SPIL US)

Taiwan Semiconductor (TSMC) - ADR (TSM US)

Taiwan Semiconductor (TSMC)

Looking Long or Short Term on TSMC?