E&E exports seen to perform well in 2022

PETALING JAYA: Electrical and electronics (E&E) exports are expected to continue performing well this year despite the ongoing pandemic and global chip shortage supply risks, the Malaysia External Trade Development Corp or Matrade says.

Its director of E&E, ICT, machinery and equipment section, Naim Abdul Rahman, said Malaysia was now the sixth largest exporter of semiconductors and integrated circuits (ICs) in the world, accounting for 6.3% of the world’s total export, and this will continue to support the E&E industry at it represented 61.7% of export products.