Unisem, a global provider of semiconductor assembly and test services, is also expecting new capacity additions to translate into stronger sales delivery in the second half after incurring RM156mil capital expenditure in the second quarter to expand its assembly and test capacity in Chengdu and Ipoh.
PETALING JAYA: Unisem (M) Bhd
is poised for a stronger second half, following new capacity expansion at its plant in Chengdu, China, according to research analysts.
CGS-CIMB Research said in a report that despite the negative impact from its Ipoh plant closure due to the enhanced movement control order from July 26 until Aug 8, 2021, Unisem is still targeting 5% to 8% sales quarter-on-quarter growth in the third quarter, driven by robust demand across all market segments – power management, radio-frequency, automotive and consumer electronics.
Limited time offer:
Just RM5 per month.
