Semiconductor sector outlook continues to be bullish

TheStar Thu, Aug 05, 2021 09:30am - 2 years View Original


Within its semiconductor sector coverage, the research unit has “buy” calls on Inari Amertron Bhd (target price: RM4.25), Unisem (M) Bhd (target price: RM11.80) and Malaysian Pacific Industries Bhd or MPI (target price: RM51.20).

PETALING JAYA: TA Securities Research remains bullish on the semiconductor sector, premised on the robust demand for chips underpinned by the ongoing acceleration in digitalisation.

This is amid the Covid-19 pandemic and proliferation of emerging technologies such as 5G, artificial intelligence, cloud computing, Internet of Things and robotics.

Within its semiconductor sector coverage, the research unit has “buy” calls on Inari Amertron Bhd (target price: RM4.25), Unisem (M) Bhd (target price: RM11.80) and Malaysian Pacific Industries Bhd or MPI (target price: RM51.20).

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