EMS outlook seen bright


The suspension early yesterday came after the integrated electronics manufacturing services provider

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).

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

EMS , outlook , bright , VS Industry , SKP Resources ,

   

Next In Business News

Powering on data centres
Medical insurance premiums on the rise
Kelington to reap the benefits of a diversified business strategy
Rising data centre ability
Making scents of success
Investors brace for 5% Treasury yields
Are there too many GPs and is the healthcare system overwhelmed?
Sapura Energy takes a step to turn the tide
Japan frets over relentless yen slide as BoJ keeps ultra-low rates
Singapore’s growth trajectory remains intact

Others Also Read