As the industry gears up for recovery, here are five Singapore stocks set to gain in 2024 semiconductor recovery, The Smart Investor reports
SINGAPORE: The semiconductor industry, known for its cyclical nature, is anticipated to rebound strongly in 2024, with a projected 13.1% year-on-year growth in sales, according to the World Semiconductor Trade Statistics .
Despite a challenging first quarter of fiscal 2024, marked by a 21.5% year-on-year drop in revenue to S$15.9 million, the company maintains a positive outlook.
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