Reported 12 months ago
Against the backdrop of the global AI wave, Japan's semiconductor equipment industry possesses explosive business opportunities with a market share of 30%, second only to the US. Taiwan Semiconductor Manufacturing Company (TSMC) has shown confidence in the Japanese semiconductor industry chain, inaugurating its Kumamoto plant as its first overseas advanced process wafer factory. Taiwan's Shin Kong Investment Trust is optimistic about the increasing global influence of the Japanese semiconductor industry and is launching the first Taiwan-listed ETF focusing on Japanese semiconductors—Shinkong Japan Semiconductor ETF (00951), with subscription set to start on July 8. The Japanese semiconductor index has seen a significant 52% surge, outpacing the upstream semiconductor index by 12%. Prominent Japanese semiconductor stocks like Disco and Tokyo Ohka Kogyo have also displayed strong price performance. TSMC ETF Fund Manager Huang Yumin anticipates a bullish trend following Japan's government-led semiconductor revitalization plan that aims to advance the country's semiconductor development. With ample funding and a positive outlook on Japanese stocks, investors are increasingly turning to Japanese equities, propelled by the country's growing assets and expanding tourist numbers stimulating domestic consumption, paving the way for further market growth and recommending early positioning in the competitive Japanese Semiconductor ETF.
Source: YAHOO