Singapore Stock Market News
Asian Semiconductors - Winners Of IoT
StockFanatic
Publish date: Thu, 29 Oct 2015, 11:30 AM
StockFanatic
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
We initiate coverage on the Asian semiconductor industry with a NEUTRAL. Despite challenging short-term conditions like weakening demand, the current inventory correction and intensifying competition, a lukewarm recovery should happen in 1H16. Plus, the long-term potential from IoT is huge. Hence, we initiate BUYs on select Taiwan winners and highlight potential Malaysian beneficiaries.
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