Tech stocks may regain favour, sales at all-time high


PETALING JAYA: Technology stocks could regain favour among some fundamental investors after recent statistics showed that sales in the industry was at its all-time high, a possible indication that the industry was doing better than earlier thought.

The Semiconductor Industry Association (SIA) said in a recent press release that worldwide semiconductors reached its highest-ever first quarter sales of US$78.47bil (RM255.15bil) in the first quarter of 2014.

Subscribe now for a chance to win your dream holiday!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , tech storks

   

Next In Business News

AirAsia X launches first Africa route, targets 156,000 annual travellers
Nova Pharma gets National Institute of Biotechnology contract
Affin Bank, AHIBB establish commercial papers and MTN programmes
Southern Score gets RM315mil residential hi-rise development contract
PUC to dispose of software and IP for RM22mil
Ringgit ends marginally higher versus US dollar
Vitrox to build research facility in Penang
BNM requires ITO to offer MHIT products with cost-sharing features starting 3Q
TM secures RM1.25bil NG999 implementation contract
Steel Hawk signs underwriting agreement with UOB for upcoming transfer of listing

Others Also Read