KUALA LUMPUR: The technology sector is expected to remain on investors' radar screens in 1Q22 as its solid growth prospects and structural technology growth continue to attract interest, says RHB Research. "SEMI.org expects global semiconductor equipment investments for front-end manufacturing plants (fabs) in 2022 to reach US$100bil," it noted. This comes despite its expectation that investors will prioritise value stocks in 2022 on optimism over the economic recovery and rotational play. "Hence, we recommend investors remain selective, focusing on companies with a competitive edge and strong track records," it said. Article type: metered User Type: anonymous web User Status: Campaign ID: 46 Cxense type: free User access status: 3Join our Telegram channel to get our Evening Alerts and breaking news highlights

Source: The Star December 17, 2021 17:41 UTC