Asian Insight Provider - Actionable ideas, CrossASEAN Research

Henry Soediarko

A Long & Short Investment Ideas generator for Asian Equities with 10 years experience in a Hedge fund focused on bottom-up ideas, searching out mispriced ideas and misunderstood investment thesis. Provides on-the-ground insights in various Asian markets with a sway towards ASEAN. Experienced and survived the Asian Financial Crisis in a family business, as well as the Global Financial Crisis in financial markets where lessons learned. It's all about understanding business drivers and navigating business cycles, which has high applicability in generating investment ideas. 

Investment horizon: Mid to Long term

Asian Insight Provider - Actionable ideas

Touch and Sound – Haptic Market CAGR 22%

Equity Bottom-Up

AAC Technologies Holdings / Equity Bottom-Up

Smartphone shipments volume grew 9% y-o-y to 440m units in Q4 2016, driven by strong demand for smartphone migration in emerging countries such as China, India, Middle East and South East Asia. Samsung and Apple have fluctuating market share while the Chinese smartphones such as Huawei, Oppo and Vivo have steadily gained more market share.<table class="table table-striped"><tbody>
<tr>
<td> </td>
<td>q4 15</td>
<td>q1 16</td>
<td>q2 16</td>
<td>q3 16</td>
<td>q4 16</td>
</tr>
<tr>
<td>samsung</td>
<td>20.40%</td>
<td>24.50%</td>
<td>22.40%</td>
<td>20.00%</td>
<td>18.10%</td>
</tr>
<tr>
<td>apple</td>
<td>18.70%</td>
<td>15.30%</td>
<td>11.80%</td>
<td>12.50%</td>
<td>18.30%</td>
</tr>
<tr>
<td>huawei</td>
<td>8.20%</td>
<td>8.20%</td>
<td>9.40%</td>
<td>9.30%</td>
<td>10.60%</td>
</tr>
<tr>
<td>oppo</td>
<td>3.60%</td>
<td>5.50%</td>
<td>6.60%</td>
<td>7.00%</td>
<td>7.30%</td>
</tr>
</tbody></table>…

Smartphone shipments volume grew 9% y-o-y to 440m units in Q4 2016, driven by strong demand for smartphone migration in emerging countries such as China, India, Middle East and South East Asia. Samsung and Apple have fluctuating market share while the Chinese smartphones such as Huawei, Oppo and Vivo have steadily gained more market share.

 
q4 15
q1 16
q2 16
q3 16
q4 16


samsung
20.40%
24.50%
22.40%
20.00%
18.10%


apple
18.70%
15.30%
11.80%
12.50%
18.30%


huawei
8.20%
8.20%
9.40%
9.30%
10.60%


oppo
3.60%
5.50%
6.60%
7.00%
7.30%

…

AAC テクノロジーズにとって新たな追い風か?