Rebound seen in smartphone sales; boost for some M'sian tech firms

TheStar Thu, May 02, 2019 07:40am - 4 years View Original


Malaysian technology suppliers such as Globetronics Technology Bhd, Pentamaster Corp Bhd and Inari Amertron Bhd should continue to do well as they cater primarily to smartphone manufacturers.  Tech players such as JCY International Bhd, Unisem Bhd and Malaysian Pacific Industries Bhd may continue to see downside to their earnings, as they cater more to the memory chip manufacturers.

Malaysian technology suppliers such as Globetronics Technology Bhd, Pentamaster Corp Bhd and Inari Amertron Bhd should continue to do well as they cater primarily to smartphone manufacturers. Tech players such as JCY International Bhd, Unisem Bhd and Malaysian Pacific Industries Bhd may continue to see downside to their earnings, as they cater more to the memory chip manufacturers.

PETALING JAYA: Apple Inc and Samsung Electronics Co Ltd have posted results that are above and in line with street guidance, with investors now turning more bullish despite lower smartphone sales and slowing memory chip demand.

Both Apple and Samsung are expecting a rebound in sales in the second half of the year on the back of stabilising smartphone sales and a diversification into services and wearables.In the case of Apple, this is a better outlook for one of the world’s most expensive companies and leading smartphone manufacturers and distributors.

As such, Malaysian technology suppliers such as Globetronics Technology Bhd , Pentamaster Corp Bhd and Inari Amertron Bhd should continue to do well as they cater primarily to smartphone manufacturers.

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