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Chip makers set for stronger earnings


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PETALING JAYA: Technology is a fast-running industry and it takes more than just financial stamina to keep up with the developments in the sector.
Just up to three years ago, semiconductor players were slogging through a major downturn with an inventory glut in 2018 and 2019.
Then came the ugly pandemic that trashed global supply chains of almost every industry last year but as economic sectors slowly reopened, there has been no rest for the tech sector, especially semiconductor players.
The situation of the sector now is at the total opposite end of the spectrum as compared to three years ago – there is now a global shortage of semiconductor chips and wafer fabs have been operating at their maximum capacities since last year. ....

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Malaysia's semiconductor sector outlook upgraded on 5G tech, electric vehicles demand


Malaysia’s semiconductor sector outlook upgraded on 5G tech, electric vehicles demand
25 Jan 2021 / 22:38 H.
PETALING JAYA: Based on robust semiconductor sales and equipment demand forecasts this year, the Malaysian semiconductor sector is expected to benefit from stronger radio-frequency (RF) chip demand on the back of rising 5G smartphone sales volume.
According to CGS-CIMB Research, TrendForce estimates global 5G smartphone production to grow from 240 million in 2020 to 500 million units in 2021. A 5G smartphone requires an average of US$25 (RM100) worth of RF content, which is approximately 40% higher than a 4G smartphone at US$18.
The research house is projecting 39% sector net profit growth in 2021 on the back of higher utilisation, propelled by RF content growth in 5G networks and smartphones, recovery in automotive demand, and robust demand for cloud infrastructure services. ....

Malaysia General , Inari Amertron , Malaysian Pacific Industries , மலேசியா ஜநரல் , மலேசியன் பெஸிஃபிக் தொழில்கள் ,

Tech stocks soar on shift towards digital services


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 greater.”
Rackspace Technology Asia-Pacific and Japan chief technology officer Emma Pudney in a commentary recently said organisations will be looking for ways to recover from the pandemic and serve new consumers with reimagined business models, going into 2021. ....

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Quick take: MPI shares hit highest in two decades


are among the top gainers dominating the gainers’ list on Bursa Malaysia.
KESM jumped 30 sen to RM15.90, Pentamaster advanced 21 sen to RM5.81 and Unisem gained 17 sen to RM6.84.
The Semiconductor Industry Association (SIA) announced recently that worldwide sales of semiconductors reached US$39.4bil for the month of November 2020, an increase of 7% compared to the November 2019 total of US$36.9bil and 1.1% more than the October 2020 total of US$39bil.
TA Securities, in a report last week, reiterated its “overweight” stance on the semiconductor sector.
It has maintained recommendations of buy on Inari (TP: RM3.26), Unisem (TP: RM6.73), and MPI (TP: RM29.40). ....

Kuala Lumpur , Unisemm Bhd , Industries Bhd , Semiconductor Industry Association , Malaysian Pacific Industries , Malaysian Pacific , Bursa Malaysia , Stock On The Move , குவாலா லம்பூர் , தொழில்கள் ப்ட் , குறைக்கடத்தி தொழில் சங்கம் , மலேசியன் பெஸிஃபிக் தொழில்கள் , மலேசியன் பெஸிஃபிக் , ஸ்டாக் ஆன் தி நகர்வு ,