Globetronics expects challenges ahead for semiconductor industry

PETALING JAYA: Globetronics Technology Bhd expects the semiconductor industry to continue experiencing challenging macroeconomic and geopolitical issues that will result in uncertain end demand, rising inflation and manpower shortages.

In a filing with Bursa Malaysia, the group said it has taken measures and shall continue to strive to minimise any potential exposures or disruptions arising from these challenges.