Broad global growth to lift semiconductor sector


TA Research reiterated its “overweight” stance on the semiconductor sector.

PETALING JAYA: Broad-based growth is expected for the semiconductor market this year benefiting local players following the sector’s highest-ever global annual sales recorded last year, analysts say.

Last year, annual global sales reached US$627.6bil, up 19.1% year-on-year (y-o-y) compared with US$526.8bil in 2023.

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

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read