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

<p><em>Driven by smartphone ASP increase of 5-10% q/q on mix change to Helio 4G products (&gt;15% of shipment in 2Q16 and &gt;20% in 2H16), <a href="https://www.smartkarma.com/entities/772" target="_blank" data-smartkarma-citation="entities:772:1">Mediatek Inc (2454 TT)</a> guides stronger 3Q16 sales growth of 8-16% q/q (beating Bloomberg consensus' -1% q/q) and comments shortage on new products demand throughout 2H16. We believe 28nm HKMG process shortage in 2H16 and 16nm Helio P20/10nm Helio X30 ramp starting 4Q16/1Q17 to benefit <a href="https://www.smartkarma.com/entities/11230" target="_blank" data-smartkarma-citation="entities:11230:1">Taiwan Semiconductor Mfg. Co. Ltd. (2330 TT)</a>'s utilization during seasonal slow</em>…</p>

Driven by smartphone ASP increase of 5-10% q/q on mix change to Helio 4G products (&gt;15% of shipment in 2Q16 and &gt;20% in 2H16), Mediatek Inc (2454 TT) guides stronger 3Q16 sales growth of 8-16% q/q (beating Bloomberg consensus' -1% q/q) and comments shortage on new products demand throughout 2H16. We believe 28nm HKMG process shortage in 2H16 and 16nm Helio P20/10nm Helio X30 ramp starting 4Q16/1Q17 to benefit Taiwan Semiconductor Mfg. Co. Ltd. (2330 TT)'s utilization during seasonal slow…

MediaTek Guides Stronger 2H16 and Comments IC Shortage