Semiconductor sector outlook continues to be bullish

Within its semiconductor sector coverage, the research unit has “buy” calls on Inari Amertron Bhd (target price: RM4.25), Unisem (M) Bhd (target price: RM11.80) and Malaysian Pacific Industries Bhd or MPI (target price: RM51.20).

PETALING JAYA: TA Securities Research remains bullish on the semiconductor sector, premised on the robust demand for chips underpinned by the ongoing acceleration in digitalisation.

This is amid the Covid-19 pandemic and proliferation of emerging technologies such as 5G, artificial intelligence, cloud computing, Internet of Things and robotics.