On course for a rebound

Semiconductor-related companies have generally unveiled impressive year-on-year (y-o-y) results for the first three months of the year.

GEORGE TOWN: Globetronics Technology Bhd expects to see a rebound in its business in the second half of this year following what is expected to be a soft performance in the first six months of 2021, amid speculation that the semiconductor industry could be heading towards inventory correction.

Group chief executive officer Datuk Heng Huck Lee (pic below) told StarBiz that there had been news reports from Taiwan that some electronics device makers were anticipating an inventory adjustment soon.