Chip cycle to extend on demand
PETALING JAYA: The current semiconductor cycle, which has continued for more than two years, may not peak anytime soon.
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PETALING JAYA: The current semiconductor cycle, which has continued for more than two years, may not peak anytime soon.
GEORGE TOWN: Elsoft Research Bhd will ship out semiconductor test equipment worth over RM20mil over the next six to nine months.
closed up one sen to 99 sen. An analyst with a local bank-backed brokerage attributed the strong performance of local tech stocks to the large shift towards digital services that has been accelerated by the Covid-19 pandemic. “The global pandemic has fuelled the growth for technology. With the concept of work-from-home and distant learning becoming the standard operating procedure, there has been a rise in demand for laptops while data centres have also ramped up their capacity to handle the surge in web computing usage. “Today, the reliance on tech to get things done has never been grea...
ITA Securities in a recent report said it was reiterating its “overweight” stance on the semiconductor sector, with maintained recommendations of “buy” on Inari Amertron Bhd, Unisem (M) Bhd, Malaysian Pacific Industries Bhd (MPI) and Elsoft Research Bhd. PETALING JAYA: Global semiconductor market growth is expected to accelerate in 2021, driven by hastened technological progress that had been brought upon by the Covid-19 pandemic. Despite initial supply chain disruptions amid Covid-19 lockdowns and travel restrictions, AmInvestment Bank Research said the sector has rebounded to a new ...