D&O set to ride on electric vehicle trend


Kenanga Research said the group is primed to ride the wave of growing LED content per vehicle, particularly EVs, which is taking the centre stage as one of the key themes for the technology sector this year.

KUALA LUMPUR: D&O Green Technologies Bhd is expected to benefit from the rising electric vehicle (EV) trend amid pent-up demand for cars.

This could boost the semiconductor component manufacturer’s future earnings as the recovery of global vehicle sales and higher demand for LED have spurred more enquiries for the company.

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