Jardine keen on Asian tech cos

Jardine Fleming recommends Asian semiconductor and telecommunications stocks.

Asian technology companies such as semiconductor maker Samsung Electronics will be the region's premier growth stocks over the next 12 months, with Taiwan and Korea representing the strongest markets outside Japan, according to brokerage house Jardine Fleming.

An expected shortage of semiconductor capacity between now and 2002 and the increasing amount of chip production being outsourced to manufacturers such as Taiwan Semiconductor Manufacturing, the world's largest subcontract computer chipmaker, will boost growth at TSMC as well as at memory...

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