Semiconductor sector

Tech

Fitch: Semiconductor only bright spot amid dimming Asia Pac tech sector

APAC's semiconductor sector likely to rebound in 2024 after low 2023, other tech sectors continues to slump, says Fitch.

Broker's Calls

CGS-CIMB stays 'neutral' on tech manufacturing sector, expects to see weak y-o-y revenue growth or declines in 1QFY2023

Among the companies, analysts William Tng and Izabella Tan expect Aztech to post the best y-o-y net profit growth for 1QFY2023.
Excelpoint's earnings soars by 1,841.5% in 2H2020; declares final dividend of 3 US cents per share - THE EDGE SINGAPORE

Results

Excelpoint's earnings soars by 1,841.5% in 2H2020; declares final dividend of 3 US cents per share

Excelpoint’s earnings was up by 546.6% to US$10.3 million in 2020, from US$1.60 million in FY2019.

Broker's Calls

Slowdown in semiconductor sector a drag on Avi-Tech

SINGAPORE (Sept 12): RHB is downgrading its call on Avi-Tech Electronics to “neutral” from “buy” previously with a lowered target price of 38 cents.

In print this week

Growing digital trends will propel stocks in this sector further ahead

SINGAPORE (March 31): The semiconductor sector has returned 40.5% this year, based on the average performance of 12 stocks compiled by The Edge Singapore.
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