5G network likely to spur demand for semiconductor components
“The potential shift from the Chinese smartphone brands might also benefit companies such as Inari and Globetronics given their meaningful exposure to US and South Korean smartphone brands,” UOB Kay Hian Research said.
PETALING JAYA: The long-term outlook for the technology sector remains bright as a commercialisation of the 5G network could spur demand for semiconductor components despite a lull at the moment, according to UOB Kay Hian Research.
“Essentially, global semiconductor key players are racing to be the front-runners in the 5G space, and other players in the supply chain, from smartphone brands to telcos, have committed investments to roll out 5G networks,” it said.
UOB Kay Hian said that over the medium term, Malaysia’s tech companies are well positioned to tap on opportunities arising from 5G deployment, increasing the demand for semiconductors.
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