新2正网平台出租（www.hg108.vip）:Chip inventory facing correction
Malaysia Semiconductor Industri President Datuk Seri Wong Siew Hai (centre) with Nomura Asset Management Senior Equity Analyst Takeshi Kawamoto (2nd right), ASTRO Awani Anchor & Senior Current Affairs Editor Ibrahim Sani (2nd left), Nomura Islamic Asset Managemnt (NIAM) Managing Director Atsushi Ichii (left) and NAMM Managing Director & Country Manager Leslie Yap (right) during the Launch of Nomura Global Shariah Sustainable Equity Fund at Majestic Hotel in Kuala Lumpur. — MUHAMAD SHAHRIL ROSLI/The Star新2正网平台出租（www.hg108.vip）是皇冠（正网）接入菜宝钱包的TRC20-USDT支付系统，为皇冠代理提供专业的网上运营管理系统。系统实现注册、充值、提现、客服等全自动化功能。采用的USDT匿名支付、阅后即焚的IM客服系统，让皇冠代理的运营更轻松更安全。
KUALA LUMPUR: While global inventories of chips for automotive and industrial applications remain low, chips for global personal computers and Chinese smartphones are undergoing an inventory correction, according to Nomura Asset Management UK senior equity analyst Takeshi Kawamoto.
“It takes two to three years to build a semiconductor fabrication plant (fab), and there are plans for more capacity, but for automobiles and industrial applications. In the next six to 12 months, I think there will be a recession and demand will go down.
“Right now, inventories are low but they will go back to normal,” Kawamoto told a media briefing at the launch of the Nomura global syariah semiconductor equity fund here. Nomura Asset Management Malaysia managing director and country head Leslie Yap said demand for chips in the 5G and communications infrastructure space would continue to remain stable.
“If you are building a 5G network, you cannot time it – it’s not like today, I cut back on installation of my 5G network because the economy is slowing down.
“Telecommunication companies will continue to invest in 5G,” said Yap.,
Also present was Malaysia Semiconductor Industry Association president Datuk Wong Siew Hai, who said based on recent newsflow, there would be RM51bil of new investments into the semiconductor industry in Malaysia by companies such as Intel Corp, Infineon Technologies AG, TF-AMD, JF Technology Bhd, Sensata Technologies, Ferrotec Holdings Corp, Unisem (M) Bhd, AT&S and TTM Technologies Inc which would create 11,000 jobs.
Wong noted that in 2021, the electrical and electronic products industry contributed RM456bil or 37% of total exports (18% growth year-on-year), and consisted of 56% of Malaysia’s trade surplus and also, resulted in a 12% growth in labour productivity.
Wong pointed out that in 2022 and 2023, 10 new fabs are expected to be built globally each year.
“Over the next 10 years, we can expect more than 90 new fabs to be built,” he said.
Meanwhile, Nomura Asset Management Malaysia, quoting data from World Semiconductor Trade Statistics, said the global semiconductor market is projected to grow by 8.8% in 2022 to US$601bil (RM2.68 trillion).