Chief China Economist - Head of Asia Research @TS_Lombard
Feb 18, 2021 • 4 tweets • 2 min read
Huge implications of semiconductor shortage
Short term, the chip famine will hit German and Mexican growth
Two countries with a high reliance on vehicle production + low domestic semiconductor output @TS_Lombard 1/4
Rising demand and prices is evidently a big positive for NE Asia semiconductor exporters
We are still overweight Taiwan and Korea equities and FX
Leading indicators point to some massive yoy export prints in coming months
2/4
