On Wednesday at 10:58 AM (Bangkok time), the share price of Cal-Comp Electronics (Thailand) Public Company Limited (SET: CCET) rose by 1.98% or THB 0.10 to THB 5.15, with a trading value of THB 117.55 million.
Hana Microelectronics Public Company Limited (SET: HANA) jumped by 6.25% or THB 1.00 to THB 17.00, with a trading value of THB 57.95 million.
KCE Electronics Public Company Limited (SET: KCE) surged by 3.13% or THB 0.50 to THB 16.50, with a trading value of THB 41.00 million.
Asia Plus Securities foresees a positive sentiment for the Thai electronics component sector from a temporary exemption on import tariffs for smartphones, computers, and electronic devices announced by U.S. President Donald Trump. This serves as a boost for the sector, which had previously faced substantial pressure from high import tariffs, leading the stocks to experience a short-term recovery.
Additionally, sales are expected to improve in 1Q25, driven by accelerated production and exports ahead of the impending tariff hikes. With the announcement of a 90-day postponement on tariff implementation, benefits are likely to extend into the second quarter of 2025, as orders are placed in advance to safeguard against the uncertainties of the trade war.
