CLSA’s
Skye Chen today offers up a 108-page think piece about the outlook for
virtual reality, concluding that the technology will “change our lives much more than smartphones ever did,” and that it will be a $97 billion market by 2020.
Chen predicts “haptic” VR, the ability to touch things and feel kinesthetic sensations, is the next big thing, and that it’s “just around the corner,” and will be used for things such as to allow people to “touch” fabric swatches when one is shopping online. Also, sports will be big for VR, and the NBA might vastly extend its ticket sales.
Her top stock picks to benefit are Taiwan phone maker HTC (2498TW), chip manufacturing giant Taiwan Semiconductor Manufacturing (TSM), and Alps Electric (6770.Japan), the Japanese maker of actuators and switches for Apple‘s (AAPL) iPhone.