Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
A Supreme Court decision on Friday striking down President Trump’s sweeping global tariffs dealt a major blow to his economic agenda and brought new uncertainty to global markets struggling to adapt to his whipsawing trade policies. https://www.nytimes.com/live/2026/02/20/us/trump-tariffs-supreme-court
On 15 March 2026, Malaysia’s Minister of Investment, Trade and Industry, Johari Abdul Ghani, announced that the Agreement on Reciprocal Trade (ART) between Malaysia and the United States was now “null and void.”
I am thinking of the opposite given the organic and inorganic expansion over the last two years - Carsem Malaysia, Carsem Suzhou and the new Suxiang facility, and recently Infineon Thailand acquisition (backend manufacturing) that comes with long term supply agreements. Capacity is king.
Frontkn and MPI should be the blue chip stocks from technology sector; tech sector's contribution to the economy is not reflected in the blue chips list due to the design of the classification. Frontkn needs to work harder though to increase its capacity. Else, upside is limited where else, MPI has the capacity for growth.
manageable for now, adama. The reason is that assuming a 100% conversion and using last year eps as the baseline, Frontkn has to deliver min 45mil qtrly profit to offset the dilution from the conversion. the last two qtr results coincidentally hovering near the theoretical 45mil qtrly profit :) The critical part is capacity as Taiwan's revenue contribution increased to 70%/higher and that means capacity utilisation is probably at the highside of 80% to 90% range. P3 readiness will be helpful in this case. On the other hand, customer T is expanding in Arizona and I have read that capacity for the Arizona plant is fully booked until 2030. Frontkn is losing out the opportunity in Arizona though if it didnt make progress to expand to US :)
have to keep it tight and monitor closely if holding Frontkn due to the high concentration from a single customer and limited capacity. Basically, downside risk is high due to limited growth.