https://www.thestar.com.my/business/business-news/2024/03/07/dnex-signs-mou-with-south-korea-based-korea-trade-network

https://www.thestar.com.my/business/business-news/2024/03/07/globetronics-inks-deal-with-indias-ksp

Indonesian Stocks Rise to Record on Optimism Over Faster Growth
Materials, infrastructure stocks among the biggest gainers
Central bank to cut rates at end of second quarter: Maybank

China's Jan semiconductor sales growth outpaces global level, as self-sufficiency improves amid US clampdown
https://www.globaltimes.cn/page/202403/1308245.shtml

Global semicon sales rose 15.2% y-o-y in January to US$47.6 billion, says SIA

SIA said that regionally, year-to-year sales were up in China (26.6%), the Americas (20.3%), and Asia Pacific/All other (12.8%), but down in Japan (-6.4%) and Europe (-1.4%).

https://theedgemalaysia.com/node/703422

Global semicon sales rose 15.2% y-o-y in January to US$47.6 billion, says SIA
https://theedgemalaysia.com/node/703422

JHM Consolidation - Commendable Results Despite Adversities; BUY
https://klse.i3investor.com/web/pricetarget/research/70840

I think the worst is over.

The lower revenue was mainly due to lower sales from automotive segment as a result of United Auto Workers strike started in October 2023, some projects was end of life in the current quarter and customers postponing new projects launching into market.

Commentary on Prospects
The continued uncertainties in the global economic environment, escalation of costs due to inflationary pressure and fluctuation of foreign exchange rates are amongst factors that may impact the Group’s performance. Hence, the Group will continue to strive and accord the highest efficiency and innovative means with lean manufacturing and effective costs management as key performance drivers. Barring any unforeseen circumstances, the Board believes that the Group’s prospects in this financial year ending 31 December 2024 remains positive.

https://www.malaysiastock.biz/Company-Announcement.aspx?id=1541840

Analysts upbeat on MPI's outlook driven by strong market operations
https://theedgemalaysia.com/node/701856

Seagate Will Release 30TB HAMR Hard Drives in Early 2024
https://www.guru3d.com/story/seagate-will-release-30tb-hamr-hard-drives-in-early-2024/

Despite the decreasing cost of SSD storage, HDDs are expected to remain the preferred option for mass storage in data centers for the foreseeable future due to their capacity advantages. Reflecting on the evolution of storage capacities, Seagate's progress is noteworthy, considering they reached a milestone of 16 terabytes only in 2018, and are now poised to double that capacity.

Heat-Assisted Magnetic Recording (HAMR) is a groundbreaking technology designed to significantly increase the storage capacity of hard disk drives (HDDs). By using a laser to temporarily heat a small area of the disk, HAMR enables the magnetic recording of data on much smaller regions than was previously possible, leading to a dramatic increase in data density. This technology allows for the potential creation of HDDs with capacities far exceeding current limits, aiming towards drives with 20TB of storage and beyond, with projections reaching up to 100TB by around 2030. HAMR technology operates by focusing a laser's heat on the disk surface, which reduces the coercivity of the material, making it more susceptible to magnetic changes. Once the area cools down, the data is securely stored with high fidelity. Despite the advanced nature of this technology, it is designed to be compatible with existing HDD form factors, ensuring that it can be integrated into current systems without necessitating significant changes to hardware configurations. This compatibility extends to the anticipated running costs of HAMR drives, which are not expected to be significantly higher than those of traditional HDDs, as the laser used in HAMR requires only a small amount of power. The development of HAMR technology by companies like Seagate marks a significant milestone in data storage technology, aiming to meet the growing demand for higher capacity storage solutions in data centers and other applications where massive data storage is essential.

HDD is now on the verge of entering a new phase of growth, thanks to breakthrough technology aimed at increasing its capacity.
This technology is the ultimate form of energy-assisted recording aimed at improving recording density, known as Heat-Assisted Magnetic Recording (HAMR).
Seagate Technology in the United States plans to start mass production of 3.5-inch HDDs for data centers using HAMR by the end of March 2024. The recording
capacity per disk (per platter) is 3TB, and they have developed a product with a capacity of 30TB, named Exos Mozaic 3+, by incorporating 10 disks.

In January 2024, the EU new car market rebounded from the slowdown experienced in December 2023, with year-on-year car registrations increasing by 12.1% to 851,690 units.

Malaysia’s exports recovery expected in 2024
https://en.vietnamplus.vn/malaysias-exports-recovery-expected-in-2024/279836.vnp

Strong start to year as car sales boom in China
Domestic marques rank first in terms of growth, selling 1.12 million vehicles
https://www.chinadaily.com.cn/a/202402/19/WS65d2b0c0a31082fc043b7d59.html

In respect of the Group financial position, it remains solid with net cash position. The Group remains mindful on trade receivables collection which was within the normal range of 60 to 90 days and the inventory level which is supportive to subsequent production and delivery requirements.

It is hard to get excited after looking at Kobay Technology Bhd's (KLSE:KOBAY) recent performance, when its stock has declined 27% over the past three months. But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term given how markets usually reward more resilient long-term fundamentals. Specifically, we decided to study Kobay Technology Bhd's ROE in this article.

https://www.bloomberg.com/news/articles/2024-02-21/china-stocks-rally-on-quant-fund-clampdown-property-support

https://www.bloomberg.com/news/articles/2024-02-21/china-stocks-rally-on-quant-fund-clampdown-property-support

https://www.bloomberg.com/news/articles/2024-02-18/china-stocks-primed-for-bullish-open-after-upbeat-holiday-data

https://www.bloomberg.com/news/articles/2024-02-18/china-stocks-primed-for-bullish-open-after-upbeat-holiday-data

China Stocks Primed for Bullish Reopen After Upbeat Data
A surge in travel over Lunar New Year bodes well for sentiment
Chinese shares in Hong Kong, US jumped while mainland was shut.

kobay!

stock market reflects a view of the economy six months in advance

https://www.thestar.com.my/business/business-news/2024/02/13/larger-scale-automation-jobs-expected-to-spur-genetec-technology

stock market reflects a view of the economy six months in advance,

stock market reflects a view of the economy six months in advance

Anwar-Lula phone call: Brazil interested in Malaysian semiconductors, invites PM to visit
https://www.thestar.com.my/news/nation/2024/02/10/anwar-lula-phone-call-brazil-interested-in-malaysian-semiconductors-invites-pm-to-visit

TSMC reports highest ever January sales
https://focustaiwan.tw/business/202402070009

HeiTech Padu shares surge 23%, paring bulk of recent selldown losses

The World’s Chip Industry Poised to Bounce Back After Tough 2023

Semiconductor Industry Association projects 13% rise in sales
https://www.bloomberg.com/news/articles/2024-02-05/chip-industry-is-poised-to-bounce-back-after-tough-2023

sam engineering

Higher global demand to boost Malaysia's semiconductor exports
https://www.thestar.com.my/business/business-news/2024/01/30/higher-global-demand-to-boost-malaysia039s-semiconductor-exports

https://www.thestar.com.my/business/business-news/2024/01/30/higher-global-demand-to-boost-malaysia039s-semiconductor-exports

Higher global demand to boost Malaysia's semiconductor exports
https://www.thestar.com.my/business/business-news/2024/01/30/higher-global-demand-to-boost-malaysia039s-semiconductor-exports

UWC sets sights on next chip up cycle
https://theedgemalaysia.com/node/699673

S.Korea exports rise for fourth month on surge in chip sales, China rebound
https://www.reuters.com/markets/asia/south-korea-jan-exports-rise-fourth-month-chip-sales-surge-2024-02-01/

S.Korea exports rise for fourth month on surge in chip sales, China rebound
https://www.reuters.com/markets/asia/south-korea-jan-exports-rise-fourth-month-chip-sales-surge-2024-02-01/

South Korea’s exports rose for the fourth consecutive month in January, surging nearly 20% year-on-year as chip sales rebounded and shipments to China showed signs of recovery.

South Korea’s exports surge in January as chip sales recover
Exports rise for the fourth straight month
https://www.chosun.com/english/industry-en/2024/02/01/GSVMY6ZL5BH6JIYDMIXQM64EAM/

Chinese analyst firm IC Wise predicts the domestic chip market will grow 12% in 2024 and the foundry market will rebound to 9% growth. It says much of the fresh demand will come from the auto sector and new energy, along with mobile phones and consumer electronics.
https://www.lightreading.com/semiconductors/china-chip-sector-eyes-return-to-growth#close-modal

https://m.malaysiastock.biz/Company-Announcement.aspx?id=1535175

https://www.thestar.com.my/business/business-news/2024/01/23/genetec-to-gain-from-battery-storage-systems

Southeast Asia markets are poised for a comeback with valuations at 'bargain basement,' Maybank says.
https://www.cnbc.com/amp/2024/01/22/southeast-asia-markets-poised-for-a-comeback-with-valuations-at-bargain-basement-maybank-says.html

Southeast Asia markets are poised for a comeback with valuations at 'bargain basement,' Maybank says
https://www.cnbc.com/amp/2024/01/22/southeast-asia-markets-poised-for-a-comeback-with-valuations-at-bargain-basement-maybank-says.html

China-based semiconductor equipment suppliers expected to continue surging growth in 2024.
https://www.digitimes.com/news/a20240122PD205/china-semiconductor-equipment-growth-2024.html

China-based semiconductor equipment suppliers expected to continue surging growth in 2024
https://www.digitimes.com/news/a20240122PD205/china-semiconductor-equipment-growth-2024.html