CIMB sees improved earnings for semiconductor companies


PETALING JAYA: Malaysian semiconductor companies, led by Malaysian Pacific Industries Bhd (MPI) and Unisem (M) Bhd, are set to see improved earnings, as players ramp up under-utilised capacity to meet strong demand from the automotive sector and mobile computing.

In a sector report yesterday, CIMB Investment Bank Bhd said (CIMB) it believed that the technology sector would benefit from a transition to higher margin packages, strengthening of the US dollar and better operating efficiency.

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