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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read