Table of contents
GS SUSTAIN Asia Tech Road Map and Key Ideas 3
Overview: Introducing the Goldman Sachs Asia Tech Heat Map 4
Outlook: 2nd half of smartphone/tablet growth phase = competition and consolidation 7
Lifting the veil – how to generate alpha investing in the Asia tech hardware sector 8
GS SUSTAIN – From identifying leaders to characterizing our entire coverage 10
Refining the framework to identify leaders, laggards and structural change in tech 11
Franchise risk and momentum – avoiding the cliff 26
Navigating the map – the who’s who of Asia tech hardware 36
Near-term value overlay 40
Disclosure Appendix 46