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AT the recent Semicon South-East Asia 2022 held in Penang, various papers and projections were made on the semiconductor sector as experts weigh in on the expectations of the industry.
The year 2022 is expected to be a robust year for the industry as consensus estimates that the semiconductor sector is expected to grow by 12.5% this year to US$625bil or RM2.76 trillion from US$555bil (RM2.46 trillion) in 2021, flatly beating the latest gross domestic product (GDP) growth forecast of just 2.9% by the World Bank and 3.6% by the International Monetary Fund.,