Robust global chip sales a boon for tech players


UOBKH Research said local Osat players’ sales are expected to improve 12% year-on-year in 2024.

PETALING JAYA: Stronger earnings are in store for Malaysian outsourced semiconductor assembly and test (Osat) players in the second half of 2024 (2H24), as global chip sales in May charted on-year growth for the seventh straight month.

The same applied for semiconductor production equipment and engineering (SPE) firms, said UOB Kay Hian (UOBKH) Research.

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