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Malaysian semiconductors’ sales and net profit projected to grow in 2021 thanks to recovery in automotive demand
Reported on January 25, 2021, CGS-CIMB Securities Sdn Bhd forecasts the Malaysian semiconductor sector’s sales and net profit to rise 13% and 39% respectively, in 2021 on the back of higher utilization.
The brokerage firm pointed the net profit growth is expected to be propelled by radio-frequency (RF) content grow....
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