Equity Analysis /

MY : Semiconductor - The Golden Age of RF & EVs

    25 January 2021
    Published byCGS-CIMB

    We upgrade the Malaysian semiconductor sector from Neutral to Overweight on 5G network proliferation and higher power management content in EVs. We expect sector sales to rise 13% and net profit to climb 39% in 2021F. We like Inari and MPI for exposure to the Malaysian semiconductor sector.