Let the chips fall where they may

THE semiconductor industry is in for a tough period, warns Kelvin Lum, CEO of Mainboard-listed Ellipsiz.

He cites a global contraction in the semiconductor market, as well as China's slowing economy and the US-China trade war, as key factors.

Although Ellipsiz has been retooling its business, it faces uncertainty in the next six months, Mr Lum says.

At the halfway point of the company's financial year, Mr Lum tells The Business Times that "we're not seeing the level of orders and commitment from industry players as much as we can usually visualise for the whole year".

Ellipsiz reported a second-quarter gross profit of S$4.58 million for the three months to Dec …