“Moderate growth is expected in global semiconductor sales in 2020 and 2021, where the auto outlook remains soft for the next two years while smartphone sales are anticipated to grow in 2020 driven by demand for 5G phone models in spite of overall shaky markets amid trade war uncertainties,” it said.
KUALA LUMPUR: AmInvestment Research is maintaining its neutral outlook on the technology sector for the next 12 months.
In its sector outlook report on Thursday, it said this was due to near-term uncertainty in orders clouding the outlook of some semiconductor companies, arising from the long-standing technology and trade spat between the US and China.
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