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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Singapore Q2 GDP up 5.7% y-o-y, preliminary data shows, just above�expectations
Trading ideas: SimeProp, Milux, Maxland, Kim Teck, Velesto, Aneka, Perak, Vinvest, Tanco, Techna-X, AZRB, AirAsia, Bursa, PRG, KSL
Oil surges, stocks slip and bond yields rise as Gulf conflict flares up again
PETRONAS enters seven-year LNG pact
Malakoff earnings to normalise on TBP restart
Malaysian REITs likely to remain defensive on growth catalysts ahead
Supply surges, demand softens in housing market
Consumer spending to strengthen
SC to expand role in sustainable impact investing
Two-year US yields climb to highest since early 2025

Others Also Read