AsiaPacificEquityResearch18January2018Semiconductor/SPESectorsViewsofFiveJ.P.MorganGlobalAnalystsJapanEquityResearchElectronics/Precision&IndustrialHisashiMoriyamaAC(81-3)6736-8601hisashi.moriyama@jpmorgan.comBloombergJPMAMORIYAMAJPMorganSecuritiesJapanCo.,Ltd.HarlanSur(1-415)315-6700harlan.sur@jpmorgan.comJ.P.MorganSecuritiesLLCJJPark(82-2)758-5717jj.park@jpmorgan.comJ.P.MorganSecurities(FarEast)Limited,SeoulBranchGokulHariharan(852)2800-8564gokul.hariharan@jpmorgan.comJ.P.MorganSecurities(AsiaPacific)LimitedSandeepDeshpande(44-20)7134-5276sandeep.s.deshpande@jpmorgan.comJ.P.MorganSecuritiesplcMasashiItaya(81-3)67368633masashi.itaya@jpmorgan.comJPMorganSecuritiesJapanCo.,Ltd.NarciChang(886-2)2725-9899narci.h.chang@jpmorgan.comJ.P.MorganSecurities(Taiwan)Limited/J.P.MorganSecurities(AsiaPacific)LimitedJayKwon(82-2)758-5725jay.h.kwon@jpmorgan.comJ.P.