EDITION
  • English
  • 中文
  • Bahasa
  • eCommerce
Monday, December 4, 2023
uLearnMoney Subscription Events
No Result
View All Result
Money Compass

EDITIONS:

Media and partner organizations:

cmc bmc ulearnmoney mylife mcm asncommerce mcm
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE
Subscription Newsletter
Money Compass
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE
No Result
View All Result
中文 Bahasa eCommerce
Money Compass

Semiconductor industry expected to boom with development trajectory

by moneycompass
May 10, 2022
in Local Market News
Analysts from MIDF Research kept its positive call on the semiconductor sector due to the sector's development trajectory.

Source: rawpixel.com via freepik

Share on FacebookShare on WhatsApp

KUALA LUMPUR – Analysts from MIDF Research kept its positive call on the semiconductor sector due to the sector’s development trajectory.

A research note from MIDF had recently stated that the sector is poised for rapid development where they believe would surpass other sectors such as finance and industrial.

The note attributes the semiconductor industry boom to the widespread adoption as well as integration of technology as the the world continues to embrace digitalisation.

MIDF explained that emerging technologies like artificial intelligence, electronics for automobiles, and the augmented and virtual reality rely largely on the semiconductor sector to deliver the required computational power needed for the tech to work.

The research firm highlighted that even though the supply of semiconductors were short, the sales remain high for the Q1 2022, with the sales amounting to US$151.7 billion overall. This figure marks a 23.0% increase for its year-on-year performance.

In March of this year, global semiconductor sales were recorded at US$50.6 billion with United States outpacing other regional markets with a 40.1% year-on-year performance increase.

Aside from that, MIDF reported that since 2000, spending on semiconductor research and development as a percentage of global sales has exceeded the four-decade historical average of 14.5% in all but five years which are 2000, 2010, 2017, 2018, and 2020.

The report further stated that during the five years, the lower research and development to sales ratio was attributed to the strength of total revenue growth and not the inadequacies of spending by the semiconductor suppliers.

Additionally, the research firm continues to maintain its call to ‘buy’ for semiconductor companies which are lnari  Amerton  (target  price  RM4.55)  and Unisem  (M)  Bhd (target price RM4.33).

In other related news, South Korean semiconductor and printed circuit board manufacturer SIMMTECH has completed its Malaysian-based factory operated under its subsidiary, SUSTIO Sdn Bhd.

The factory is located in Penang and expected to further ramp up productions for chips to be supplied globally.

 

Join our Telegram group for the latest updates!

 

Read more: Penang’s RM600 mil semiconductor factory now operational

Tags: MIDF Researchsemiconductor
ShareSendShareSendTweetShare
Previous Post

LG Display Showcases Innovative OLED Technology at SID 2022

Next Post

Unprecedented miracle of resolving Blood Shortage crisis from COVID-19

Related Posts

Local Market News

Takaful Malaysia Unveils KAOTIM, a New Digital Platform Offering an Affordable Medical Card for Malaysians

01 Dec 2023
Loh Guat Lan, President of LIAM
Local Market News

Life Insurers Offer Relief Measures to Assist Flood Victims

08 Mar 2023
Bursa Malaysia
Current News

Bursa Malaysia enhances Islamic securities

10 Feb 2023

Discussion about this post

MOST POPULAR

  • SK E&S, strengthening ‘Low-Carbon Hydrogen Partnership’ at COP28… accelerating global carbon neutrality

    0 shares
    Share 0 Tweet 0
  • Take Action for Children with Disabilities

    0 shares
    Share 0 Tweet 0
  • COP28 Event Hosted by KHNP Highlights Nuclear Energy’s Crucial Role in a Carbon-Free Future

    0 shares
    Share 0 Tweet 0
  • Cherishing the Earth through What You Eat: Silks Hotel Group Introduces Locally Sourced, Seasonal, and Sustainable Dining with a Range of Year-End Banquet Packages

    0 shares
    Share 0 Tweet 0
  • Media Tour Witnesses Chinese Modernization in Hainan FTP

    0 shares
    Share 0 Tweet 0

MEMBERSHIP SUBSCRIPTION

Subscribe Now

Sign Up for Our Free Newsletters

Stay up-to-date with the latest personal wealth-related articles, breaking financial market news, and more.

Follow us on Social Media

News
Special Feature
Compass
Money Tube
Smart Lifestyle
Corporate Profile
Advertise
Subscriptions
Career
Contact Us
eLearning
Events
Privacy Policy
Terms of Use
Strategic Partners

Copyright © . Money Compass. All Rights Reserved.

Design and Development by Ant Internet Sdn Bhd

No Result
View All Result
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE

© 2020 Money Compass

Career

SUBSCRIBE FREE NEWSLETTER