PETALING JAYA: The country’s electronics manufacturing services (EMS) sector is poised to enjoy growth from continuous job wins, given its state-of-the-art capabilities as well as additional job flows diverted from the US-China trade conflict.
UOB Kay Hian Research (UOBKH) said the sector was a “bright spot”, with all three EMS players it covers embarking on an aggressive expansionary drive which will result in a sector net profit compounded annual growth rate (CAGR) of 15% in financial years 2018-2021 (FY18-21).
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