US tech firms raise target


  • Business
  • Saturday, 25 Mar 2006

KUALA LUMPUR: Sales by Malaysia-based US tech firms will rise 8% this year, an industry group said yesterday, an increase from its earlier forecast because of rising consumer electronics demand. 

The Malaysian American Electronics Industry (MAEI), whose members produce nearly a third of Malaysia's electronics exports, raised its 2006 sales growth estimate from 57%. 

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