XIACF - Korea IT H/W: Key Takeaways From Our Q3 Visits To Japan/Taiwan

Huawei's predicament creates uncertainty over demand/investment until year-end, great opportunity for Samsung

We visited major IT H/W companies and research institutions in Japan and Taiwan from May 27 to 31 and also went to Computex 2019 to examine current industry issues. What we learned from our visits is as follows: 1) although Huawei will try to build up its inventory, its orders could stop abruptly in 4Q19 as its inventory of US-made RF parts is expected to be depleted by end-3Q19; 2) Intel (INTC) unveiled its 10nm Ice Lake CPU for notebook and