VS Industry among star tech performers this year

Robust demand: VS Industry’s growth has been supported by strong quarterly earnings and mergers and acquisitions throughout the year.

PERHAPS 2017 can be summed up as the year where tech stocks dominated. Strong global spending aside, the emergence of e-commerce and the Internet of Things (IoT) along with the launch of the Digital Trade Free Zone created excitement and the prospects of better earnings.

Thus, while the traditional technology stocks such as Unisem (M) Bhd, Globetronics Technology Bhd and Inari Amertron Bhd were the initial movers, second-liner and upcoming semiconductor companies were soon dominating the headlines.