PETALING JAYA: Although global semiconductor sales have continued to rise for seven consecutive months on a year-on-year (y-o-y) basis, TA Securities Research remains neutral on the Malaysian semiconductor sector.
The research house said in a note that a prolonged Covid-19 pandemic, weighing on economic growth and sentiment, is a key risk factor for the semiconductor sector.
In addition, a prolonged and heightened trade war as well as fluctuations in the US dollar-ringgit exchange rate could potentially dampen the sector’s performance, according to TA Securities Research.
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