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 Research.
In a report yesterday, the research house pointed out that the ‘rich valuations’ of the sector are backed by merits.
The Bursa Malaysia Technology Index has risen almost 27% in less than two months, outperforming the benchmark index FBM KLCI, which had declined 2%.
Maybank IB upbeat on semiconductor sector, reiterates positive rating | Money
malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.
Global Slide Screw Market Size, Growth, Sales Value and Forecast 2021-2027 : ,The Slide Screw – KSU
ksusentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksusentinel.com Daily Mail and Mail on Sunday newspapers.