Maybank IB upbeat on semiconductor sector, reiterates positive rating

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(The Malay Mail)

Maybank IB Research has reiterated its positive rating for the Malaysian technology sector as it remains upbeat on the global and domestic semiconductor supply chain’s upcycle, and think that prospects for the sector will be sustained at this juncture.

Its opinion is backed by key catalysts such as the 5G network deployment with the high adoption rates and stronger demand and supply for 5G devices, as well as growing sub-sectors including automotive/electric vehicles, Internet of Things, artificial intelligence, medical/life science and the Industrial Revolution 4.0.

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