PETALING JAYA: Despite a weak start to its new financial year, UWC Bhd
is optimistic about its business outlook amid signs of recovery in the semiconductor industry.
The technology-services provider is currently looking at expanding its capacity for front-end semiconductor manufacturing and electric vehicle (EV) projects, with the first phase of its new facility in Batu Kawan Industrial Park, Penang expected to be completed by the first quarter of 2024, Hong Leong Bank Investment Bank (HLIB) Research said.
