RHB Research said it believes Malaysia stands to benefit from US-imposed tariffs via short-term rushed orders and long-term manufacturing reallocation activity.
PETALING JAYA: RHB Research remains positive on the local technology sector despite muted earnings in the first quarter of the year (1Q25), as stronger revenue trends and optimistic guidance from many companies point to a continued recovery.
“Engineering support players continue to book robust revenue growth – seen as a precursor to growth for automated test equipment manufacturers as well as outsourced semiconductor assembly and test players,” the research house said.
