Bright Spots Remain In Semiconductor Sector

Global semiconductor players have invested heavily to build up capacity following supply chain disruptions during the pandemic, but it appears that the boom times receded, as the industry is now facing an oversupply scenario amid a looming global recession. Meanwhile geopolitical tensions between the US and China are also affecting growth projections for the chip industry. How will these developments affect the fortunes of Malaysian semiconductor players? Tan J Young of Hong Leong Investment Bank weighs in on the sector outlook.

Image credit: Shutterstock