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Sluggish growth seen for tech sector


According to AllianceDBS Research, early supply chain rumours point to the probable launch of the triple-lens rear camera and upgraded TrueDepth camera for the next iPhone in the second half of this year.  “In our view, this might not feel ‘revolutionary’ to entice user upgrades, thus driving the replacement cycle longer. We believe the key issue remains the premium pricing for the iPhone, as Apple has been reluctant to lower prices,” AllianceDBS’ technology analyst Toh Woo Kim said.

According to AllianceDBS Research, early supply chain rumours point to the probable launch of the triple-lens rear camera and upgraded TrueDepth camera for the next iPhone in the second half of this year. “In our view, this might not feel ‘revolutionary’ to entice user upgrades, thus driving the replacement cycle longer. We believe the key issue remains the premium pricing for the iPhone, as Apple has been reluctant to lower prices,” AllianceDBS’ technology analyst Toh Woo Kim said.

PETALING JAYA: Growth may return to the beleaguered technology sector: but only sluggishly, according to one research house that sees the present downcycle for the sector as just the beginning.

In its report, AllianceDBS Research said it expected tech stock performance to remain sluggish in the near-term on negative news flow from the supply chain.

   

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