Soft earnings outlook for tech companies

Any stabilisation in the situation in host countries would be a forward indicator of how things would eventually pan out for local technology companies, which are mainly contractors, say analysts.

PETALING JAYA: The worst may not be over for technology companies that are listed on the Bursa Malaysia as weaknesses in their bottom lines may persist for some time.

The companies, which are contractors for US-based firms, often track the developments in the host country.