Upsurge in demand for E&E products

TheStar Mon, Dec 25, 2023 12:00am - 3 months View Original


GEORGE TOWN: The worst may be over for local electrical and electronics (E&E) companies supporting the artificial intelligence (AI), medical technology devices, automotive, cloud computing and aerospace sectors.

Malaysia Semiconductor Industry Association president Datuk Seri Wong Siew Hai said manufacturers supporting the sectors are restocking their inventories.

“We can expect demand to pick up again gradually,” he said.

The Semiconductor Industry Association has announced that the global semiconductor industry sales totalled US$46.6bil in October – an increase of 3.9% compared with September’s total of US$44.9bil.

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