The Malaysian American Electronics Industry (MAEI) expects a turnaround in the global electrical and electronics (E&E) industry by 2010 with demand picking up for personal computers, disc storage systems and mobile phones as widely forecasted by major international research houses.
Exports of US electronics manufacturers in Malaysia are to register 15-20% rise in the second quarter of 2009, and another 10% in the third quarter. The increase is driven by the stimulus packages implemented by governments worldwide, especially China.
The expected increase in exports in the second quarter is also due to worldwide consolidation activities and inventory correction.
Malaysia has also benefited from the global economic crisis as some companies gained from additional activities and increased use of shared services as a result of the consolidation of overseas companies and outsourcing strategies, such as in design and development (D&D), procurement, financial services, IT and human... Read More