Page 5 - Greatech Technology News Today

Among catalysts that will drive the sector for this year include 5G network deployment with the high adoption rates and stronger demand and supply for 5G devices, as well as growing sub-sectors such as automotive/electric vehicles, Internet of Things, artificial intelligence, medical/life science and the Industrial Revolution 4.0. PETALING JAYA: The technology sector is expected to see a strong earnings growth for the next two years that will support its lofty valuation, according to Maybank IB...

KUALA LUMPUR (Feb 16): While the glove stocks are trying hard to regain lost ground after falling off the peaks, the technology stocks on Bursa Malaysia, which are primarily involved in semiconductor-related business, however, continue their hike to record fresh highs. Reaching fresh peaks has become a daily affair among some tech stocks in recent months amid news that the semiconductor industry is facing a happy problem — supply growth could not keep pace with the strong surge in demand. The...

KUALA LUMPUR: Shares of technology and semiconductor-related stocks continued to attract investors’ interest in early trade Thursday.

are among the stocks to watch on Wednesday, according to JF Apex Research. Lembaga Tabung Angkatan Tentera (LTAT) has decided not to pursue the privatisation of Boustead Holdings at this juncture, after taking into consideration the current challenging economic environment arising from the Covid-19 pandemic and the reimplementation of Movement Control Order. Bursa Malaysia’s net profit in its 4QFY20 stood at RM104.85mil, up 130% from RM45.56mil a year earlier, while revenue went up 78% to RM...

Thursday, 14 Jan 2021 09:02 PM MYT BY R. LOHESWAR Tan Eng Kee (right) during Greatech Technology Berhad’s listing on the ACE market of Bursa Malaysia June 13, 2019. — Picture from Facebook/ Greatech Technology Berhad Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Jan 15 — Tan Eng Kee never imagined he would become a billionaire after losing his father at age 13 but was now the country’s latest member of the exclusive club courtesy of his...

showed handsome growth between 365% and 278% respectively. Amid the uncertainties caused by the US-China trade war, Malaysia continues to play its role in supporting the global E&E industry value-chain. Md Radzi Din Direct E&E exports to the United States increased by 10% in 2019 while exports to other markets that are linked to the US E&E supply chain has also increased, including Singapore at 4.1%, Taiwan at 39.3%, Thailand at 4.6% and Vietnam 23.1%. In this environment, some emerging player...