Car chip shortage clouds KESM outlook after strong Q2

KUALA LUMPUR: KESM Industries Bhd, an independent semiconductor burn-in and test service provider, posted higher profits in the second quarter, but warned that the shortage of automative chips in the global market posed a challenge for the company.

KESM registered a net profit of RM6.3mil in the three-month ended Jan 31, up from RM1.86mil made a year ago.