Japan TMT Analyst

Pelham Smithers

Market Intel on Asian Tech with a Japan focus

Pelham Smithers Associates

Founded in 2009, Pelham Smithers Associates (PSA) provides market intelligence on Asian technology, focusing in particular on Japan. The industries covered by our team of specialists are: consumer electronics, telecomms, pharmaceuticals, internet, electronic parts and materials, automotive technology, retail and capital goods. 

Research is provided by the following:
Pelham Smithers: Macro, consumer electronics, telecoms & pharma
Joel Scheiman: Electronics materials / components
Julie Boote: Autos
Will Nestuk: Capital goods, machinery & transportation equipment parts
Thao Nguyen: eCommerce, internet content, marketing & advertising

Equity Bottom-Up

<p>Quarterly data from the six largest MLCC makers shows that the move to LTE-Advanced handsets did indeed drive up sales of MLCCs in the 2H 2017 period. While this had been much promulgated, the evidence up until 3Q 2017 was scant; although the arrival of high end handsets like the <em>iPhone X</em> in the 2H of 2017 has changed that. Furthermore, whereas early in 2017 the impact of increased demand was felt most noticeably on the mid-market, more recently the squeeze has moved to the high end…</p>

Quarterly data from the six largest MLCC makers shows that the move to LTE-Advanced handsets did indeed drive up sales of MLCCs in the 2H 2017 period. While this had been much promulgated, the evidence up until 3Q 2017 was scant; although the arrival of high end handsets like the iPhone X in the 2H of 2017 has changed that. Furthermore, whereas early in 2017 the impact of increased demand was felt most noticeably on the mid-market, more recently the squeeze has moved to the high end…

Samsung Electro Mechanics Co, Ltd. (009150 KS)

Murata Manufacturing

Murata (6981) - MLCC Growth Accelerating