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Avi-Tech to ride on autonomous vehicles, Internet of Things for earnings growth

Stanislaus Jude Chan
Stanislaus Jude Chan • 2 min read
Avi-Tech to ride on autonomous vehicles, Internet of Things for earnings growth
SINGAPORE (Jan 10): CIMB Research says the rise of autonomous vehicles and Internet of Things (IoT) will provide Avi-Tech Electronics with potential new earnings growth drivers.
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SINGAPORE (Jan 10): CIMB Research says the rise of autonomous vehicles and Internet of Things (IoT) will provide Avi-Tech Electronics with potential new earnings growth drivers.

A provider for burn-in and engineering services for the semiconductor, electronics and life sciences industries, Avi-Tech has seen an increase in demand for new and different types of burn-in boards on the back of a ramp-up in production of automotive and networking semiconductor chips.

“Management has noted that in the march towards fully driverless vehicles, there is likely to be an ever-increasing number of sensors, microcontrollers and power management components required,” says CIMB analyst William Tng in an unrated report on Tuesday.

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