AmInvest Research said it may upgrade its sector outlook to “overweight” if semiconductor companies under its coverage – Malaysian Pacific Industries (MPI), Inari Amertron and QES Group – secure significant jobs; the US dollar strengthened; 5G is adopted faster-than-expected globally, spurring higher demand for end products; and there is positive progress in the trade war that would reduce uncertainty in the markets.
KUALA LUMPUR: AmInvestment Research is maintaining its “neutral” outlook on the technology sector for the next 12 months.
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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