Charlie.Chan@morganstanley.comDaniel.Yen@morganstanley.comEric.Chao@morganstanley.comJeff.Hsu@morganstanley.comCautiousMORGANSTANLEYTAIWANLIMITED+CharlieChanEQUITYANALYST+88622730-1725DanielYen,CFAEQUITYANALYST+88622730-2863EricChaoEQUITYANALYST+88622730-1723JeffHsuRESEARCHASSOCIATE+88622730-2864GreaterChinaTechnologySemiconductorsAsiaPacificIndustryViewInvestorPresentationInvestorPresentation||AsiaPacificAsiaPacificGreaterChinaSemiconductors:ChinaTMTConferenceMorganStanleydoesandseekstodobusinesswithcompaniescoveredinMorganStanleyResearch.Asaresult,investorsshouldbeawarethatthefirmmayhaveaconflictofinterestthatcouldaffecttheobjectivityofMorganStanleyResearch.InvestorsshouldconsiderMorganStanleyResearchasonlyasinglefactorinmakingtheirinvestmentdecision.Foranalystcertificationandotherimportantdisclosures,refertotheDisclosureSection,locatedattheendofthisreport.+=Analystsemployedbynon-U.S.affiliatesarenotregisteredwithFINRA,maynotbeassociatedpersonsofthememberandmaynotbesubjecttoNASD/NYSErestrictionsoncommunicationswithasubjectcompany,publicappearancesandtradingsecuritiesheldbyaresearchanalystaccount.1August28,201901:31AMGMT2345678910111213Top8AlphaWiseFindingsontheImpactofTradeTensionsonSemiComponentAdoptioninChina1415161718192021222324DisclosureSectionTheinformationandopinionsinMorganStanleyResearchwerepreparedoraredisseminatedbyMorganStanleyAsiaLimited(whichacceptstheresponsibilityforitscontents)and/orMorganStanleyAsia(Singapore)Pte.(Registrationnumber199206298Z)and/orMorganStanleyAsia(Singapore)SecuritiesPteLtd(Registrationnumber200008434H),regulatedbytheMonetaryAuthorityofSingapore(whichacceptslegalresponsibilityforitscontentsandshouldbecontactedwithrespecttoanymattersarisingfrom,orinconnectionwith,MorganStanleyResearch),and/orMorganStanleyTaiwanLimitedand/orMorganStanley&CoInternationalplc,SeoulBranch,and/orMorganStanleyAustraliaLimited(A.B.N.67003734576,holderofAustralianfinancialserviceslicenseNo.233742,whichacceptsresponsibilityforitscontents),and/orMorganS...
