Chip sector on steady growth path


Global semiconductor sales in October grew 24% year-on-year to another record high of US$48.8bil (RM206bil).Global semiconductor sales in October grew 24% year-on-year to another record high of US$48.8bil (RM206bil).

KUALA LUMPUR: The semiconductor sector is expected to continue benefitting from the global structural growth in chip demand amid the ongoing acceleration in digitalisation.

This is also boosted by the proliferation of emerging technologies such as 5G, artificial intelligence, cloud computing, Internet of Things and robotics during the Covid-19 pandemic, according to TA Securities Research.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Chip , growth , test providers , Inari , Unisem , MPI , Globetronics ,

   

Next In Business News

Powering on data centres
Medical insurance premiums on the rise
Kelington to reap the benefits of a diversified business strategy
Rising data centre ability
Making scents of success
Investors brace for 5% Treasury yields
Are there too many GPs and is the healthcare system overwhelmed?
Sapura Energy takes a step to turn the tide
Japan frets over relentless yen slide as BoJ keeps ultra-low rates
Singapore’s growth trajectory remains intact

Others Also Read