BNP 百富勤： 亚洲半导体行业 深度研究（英文）

06.18 112P 18 June 2007

BNP：Asia Semiconductors

Contents
Key ideas ....................................................................................................................... 3
Memory – Will NAND save DRAM?............................................................................... 4
DRAM makers – Withstand or cut back? 4
Why switch to NAND? 5
How much capacity switches to NAND? 7
When to retire 200mm fabs? 7
V-shape rebound, but ….............................................................................................. 10
Foundries: V-shape rebound, but … 10
IC fabless: Sonix, MediaTek, Holtek are outperformers 10
NYPCB’s outsourced partner status at risk ................................................................. 12
Appendix: Charts and Tables ...................................................................................... 13
Company/sector updates............................................................................................. 21
Nanya PCB, Phison Electronics, Taiwan LED Sector, Realtek, Asia Memory Sector, Taiwan
Technology Sector, Arima Optoelectronics, Taiwan Semiconductors Sector, Chartered
Semiconductor, Hynix Semiconductor, Samsung Electronics, Advanced Semiconductor, Sonix
Tech