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Chipmakers surged in Nikkei's latest Asia300 company rankings, but fresh pressures loom. (Illustration by Eric Chow)
The Big Story

SK Hynix surges to top Asia300 company rankings as trade war takes toll

Asian tech resilient, but rising barriers threaten to throttle ambitions

KENJI KAWASE, Nikkei Asian Review chief business news correspondent and CHENG TING-FANG and LAULY LI, Nikkei staff writers | China

TOKYO/TAIPEI -- Technology companies once again lead this year's Asia300 Power Performers ranking, the Nikkei Asian Review's list of leading companies to watch in the region. However, the sector faces headwinds from worsening trade disputes that could disrupt supply chains and raise new tariff barriers.

Among a patchwork of farmers' fields and gray apartment complexes in Icheon, a city about 50 km south of the South Korean capital of Seoul, a vast factory is taking shape -- eight stories high, with chrome arches soaring over its gates. Workers wearing badges circulate busily between the main gate and a commercial area across the street, while company shuttle buses ply the roads.

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