Analysis

CIMB Securities said Tuesday it believes the ongoing conflict in the Middle East will have minimal direct impact on the regional tech sector given the region’s limited semiconductor manufacturing footprint.

Kenanga Research said Tuesday that the global datacom market boom will spur Malaysia's technology space.

Hong Leong Investment Bank Research said Monday that strong global semi demand and structural tailwinds (China+1, supply chain localization) will underpin a solid outlook for most outsourced semiconductor assembly and tests (OSATs) and equipment players in Malaysia.

Maybank Investment Bank has reduced Singapore-based tech giant Sea's FY26-27 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) estimates by 8 percent to 10 percent on lower margin assumptions.

BIMB Securities has maintained a neutral outlook on Malaysia's broader technology sector but remain bullish on fabless semiconductor firms as Malaysia's moving up the semiconductor value chain.

Maybank Investment Bank Research has returned from its recent visit to Malaysia's Penang road trip feeling optimistic as tech hardware players suggest that industry conditions are improving into 2026.

MBSB Research said Thursday that it has maintained its neutral stance on Malaysia's technology sector as it viewed that the smartphone industry is anticipated to experience a challenging 2026.

Apex Securities has foreseen slower electric vehicle (EV) demand growth in Malaysia this year amid policy changes.

With the global tech earnings season underway, Hong Leong Investment Bank Research has expected continued upbeat artificial intelligence (AI) spending commentary to underpin a robust 2026 guidance for Malaysia technology sector.

Kenanga Research has expected gradual transition to battery electric vehicles (BEVs) which currently enjoys tax exemption up until 2027 for locally-assembled completely knocked-down (CKDs) in Malaysia.