Outlook for technology sector seems promising


The slump in global semiconductor sales in 2019, down more than 13% on-year in the first half of 2019, has been the sharpest since 2009.

PETALING JAYA: The outlook of Malaysia’s technology sector seems promising in the second half of 2018 (2H18), with the local semiconductor companies expected to deliver stronger earnings.

According to AmInvestment Bank Research, which upgraded its stance to “overweight”, the domestic technology sector’s earnings in 2H18 will be driven by sensors, radio frequency chips and operational efficiencies.

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