Unisem to tap into growing demand for 5G and IoT


MIDF Research said it is positive about Unisem’s near-to-medium term outlook, but maintained its earnings forecast pending further information from management on the expansion timeline. (Filepic shows Unisem's factory.)

PETALING JAYA: Unisem (M) Bhd is preparing to tap into the growing demand of 5G and Internet of thing (IoT) adoption by expanding its manufacturing capacity.

The semiconductor assembly and test services provider had announced the construction of its new semiconductor production facility in Gopeng, Perak.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

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!

Unisem (M) Bhd , 5G , IoT , Internet of things , demand ,

   

Next In Business News

Ringgit has been unfortunate, unfairly assessed vs US dollar -BNM
Wall St set for muted open as weak earnings offset jobless claims relief
Creador’s Brahmal emerges as substantial shareholder of MCE Holdings
US weekly jobless claims increase more than expected
AmBank launches revamped AmOnline mobile banking
Pentamaster to prioritise sustainability
Kerjaya Prospek Property to jointly develop Batu Kawan land for proposed mixed development
Ringgit almost unchanged against greenback at the close
Malaysia to retain lead in Asia-Pacific Islamic banking market - S&P Global
Supermax buys remaining 33% stake in SHCI for RM18.96mil

Others Also Read