Simply this: Robotics is taking over. Driver-less cars, Fast Food restaurants with no workers, Drones, Robots checking inventory at Wal-Mart and Target, etc, etc.
All of them run on semi-conductors, mostly made in the Philippines:
EPHE-inverted head n shoulders at calculated support(1), price target $50
Hedge this with a short of Turkey (NASDAQ:TUR) which doesn't have anything going for them except oppressive government and regulation.
Long term, well defined downtrend channel. Price Target $27
Happy Trading! TJK
Disclosure: I am/we are short TUR.