KUALA LUMPUR: MIDF Research remains positive on the technology sector as main importer, China, remains to play a pivotal role in upholding the demand of semiconductor products. “In recent years, the China government has been supporting the Chinese domestic semiconductor industry with tremendous capital budgets. “At present, sales from China has accounted for one-third of global sales. “In the immediate term, we expect the global semiconductor sales to continue to record positive sales growth on a year-over-year basis,” it said. MIDF said the monthly global semiconductor sales (GSS) has been growing at a faster pace of more than 20 per cent year-on-year for the past two consecutive months.

Source: New Strait Times July 05, 2017 05:15 UTC