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Taiwan stocks rose, solar, LED strong ethnic groups

10, Taiwan, construction, tourism and other assets, stocks continued strong, energy saving, IC design and other electronic shares, and gold holdings has pushed up the index station on 8800 points.

Such shares in the new high oil prices, solar energy, LED shares both rose, lvneng, gintech trading, TSMC rise, Foxconn trading, ASE, silicon products, etc., rose, IC shares strong, driven by electronic stocks rebounded.

Morgan Stanley analyst pointed out that science and technology industry, the cost advantage of the Taiwan plant LED industry, enough to continue to expand the market share of. 08 years have been cut into the mobile phone and the small size panel of supply chain, the industry overall revenue, than the same period in 2007 increased by more than 30%, which is not affected by the currency appreciation, the annual growth rate reached more than 20% of the target, there should be no problem.

However, Citigroup believes that the demand and market competition situation assessment, the solar industry is better than LED. Citigroup analyst Zhang Jiaqi believes that the industry, better visibility of the solar industry, the market competition is limited, effective control of the supply side, gross profit margins did not fall pressure, relatively stable profit.

Source: LEDinside

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