Japan Hot Stocks-PC-related firms, Tokyo Electron
TOKYO, Oct 10 (Reuters) - The Nikkei average shed 1.6 percent and the broader TOPIX also dropped 1.4 percent on Wednesday morning.
The following stock was on the move:
**PC-RELATED FIRMS SUFFER ON CONCERNS ABOUT WEAK OUTLOOK**
Companies with significant exposure to the PC market came under pressure after Intel Corp , the world's largest semiconductor maker, dropped 2.7 percent after negative reports by at least two brokerages, citing weak demand for notebooks.
U.S. chipmaker Intersil Corp estimated third-quarter revenue below analyst estimates, which also weighed on Japanese PC-related companies.
Printed circuit board maker Ibiden Co Ltd sagged 3.9 percent to 995 yen, hitting a nine-year low, while Shinko Electric Industries Co Ltd , maker of semiconductor packages and leadframes, shed 1.8 percent to 486 yen.
Nidec Corp , maker of micro motors, dropped 2.7 percent to 4,980 yen and TDK Corp lost 1.9 percent to 2,820 yen.
**TOKYO ELECTRON RISES AFTER Q2 ORDERS BEAT EXPECTATIONS**
Tokyo Electron Ltd advanced 1.5 percent to 3,315 yen after its second quarter orders came in at 75 billion yen, above market expectations of between 50 and 60 billion yen, traders said.
The producer of semiconductor and LCD making equipment has fallen 15.5 percent so far this year, underperforming a 2.3 percent rise in the Nikkei.
(Reporting by Dominic Lau; Editing by Joseph Radford and Prateek Chatterjee)
Keywords: MARKETS JAPAN STOCKS HOT/