Positive prospects in 2024


UOBKH Research said global semiconductor sales are expected to surge 13.1% year-on-year in 2024.

PETALING JAYA: UOB Kay Hian Research (UOBKH) remains positive on the technology sector and hopeful the signs of recovery will be backed by imminent growth in 2024.

In a note, the research firm said the sector’s third quarter (3Q23) results were disappointing but there has been an improved visibility on recovery moving forward.

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