Upturn in Electronics Performance: What To Expect in 2021

Electronics companies listed on the stock market are set to witness a performance upturn in the new year, owing to a forecasted global recovery across all industry sub-sectors, according to KGI Securities. The firm predicts a higher growth rate in the second half of the year on the back of continuing inventory restocking.

The outlook is based on the steady recovery of global semiconductor sales for seven consecutive months through September, and the anticipated upturn across all industry sub-sectors in the next year, including smartphones, PCs, and servers, revealed Chananthorn Pichayapanupat, an analyst at KGI Securities Thailand.

She stated that the expected industry recovery next year would support the sales momentum of our covered electronics companies. However, a potentially slower recovery in the first six months, coupled with cost-related issues, might result in softer…