PETALING JAYA: The near–term outlook for the semiconductor sector remains cautious pending the outcome of the US government’s investigation into semiconductor imports, despite the continued growth projected for global semiconductor sales.
TA Research noted that according to Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, Malaysia’s recently concluded reciprocal trade agreement with the United States could potentially help the country secure more favourable treatment for several strategic sectors, including semiconductors.
Meanwhile, the research house expects the government to remain focused on implementing the National Semiconductor Strategy.
“In September, the global semiconductor industry sustained its upward trajectory, posting another month of robust sales growth. According to the Semiconductor Industry Association, global semiconductor sales reached US$69.5bil, up by 7% month-on-month (m-o-m), 25.1% year-on-year (y-o-y), marking the 23rd consecutive month of y-o-y growth,” the research house said.
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