Penang tech players continue to benefit from trade war

TheStar Sat, Jul 11, 2020 08:20am - 3 years View Original


Vitrox Corp Bhd chairman Datuk Seri Kelvin Kiew (pic) explains: “Customers are stocking up raw materials and semi-finished components used in the manufacturing of IT, telecommunications and automation products because of the fear that the trade war would worsen by the end of the year."

THE electronics manufacturing companies in Penang expect good prospects for the next six to nine months, due to the impact of the worsening US-China trade war.

Vitrox Corp Bhd chairman Datuk Seri Kelvin Kiew explains: “Customers are stocking up raw materials and semi-finished components used in the manufacturing of IT, telecommunications and automation products because of the fear that the trade war would worsen by the end of the year.

“Customers don’t want to experience getting cut off from the supply chain again, which happened last year when the US-China trade war peaked.

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