UWC, Fronken, Greatech, Pentamaster may benefit from US-based Lam Research expansion

Maybank Research said Lam’s Asia expansion and push for localisation could create interesting growth opportunities for some Singapore and Malaysia-listed suppliers in the coming years.

KUALA LUMPUR: US-based Lam Research Corporation, a leading provider of wafer fabrication equipment (WFE), which made Malaysia a manufacturing centre of excellence, plans to add further capacity which could see UWC, Fronken Corporation, Greatech and Pentamaster as among the beneficiaries, according to an analyst report.

Maybank Investment Bank Research said on Monday the company had recognised the tremendous long-term growth potential of semiconductor opportunities in Asia and it was stepping up the localisation and also upskilling the local supply chain.