E&E firms confident about 2H24 performance

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GEORGE TOWN: Most of Penang-based electrical and electronic (E&E) manufacturing companies are optimistic about their second-half year performance for this year.

Vitrox Corp Bhd said in its Bursa Malaysia announcement that the group was confident in achieving steady growth and improvements in the semiconductor back-end sector.

Nikkei added that some component makers even received orders for over 90 million units, although they said that the iPhone maker usually placed a higher number of orders at first and later adjusted the figure after the product went on sale.

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Article Details

Author / Journalist: DAVID TAN

Category: EconomyBusiness

Markets: Malaysia

Topics: PIE Industrial Manufacturing MMS Ventures Globetronics /Business/Business News Vitrox Corporate News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-09 @ 07:00:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 838 words

Reading Time: 5 minutes read

Sentences: 23 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22415400

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 20 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 hours ago

Coverage Areas: Malaysia

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #22

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