TA Research retaining overweight on semicon sector

Malaysia’s position as a prime base for testing and packaging chips is critical because those are the last steps of semiconductor production.

KUALA LUMPUR: TA Securities Research is maintaining its overweight stance on the semiconductor sector based on the robust demand for chips, underpinned by the ongoing acceleration in digitalisation amid the Covid-19 pandemic.

In its report issued on Monday, it other positive factors were the proliferation of emerging technologies like 5G, artificial intelligence, cloud computing, Internet of Things, and robotics.