Concerns over economic slowdown weighs on electronics manufacturing

admin 2周前 (07-27) 社会 10 0

皇冠登1登2登3www.99cx.vip)实时更新发布最新最快最有效的登1登2登3代理网址,包括新2登1登2登3代理手机网址,新2登1登2登3代理备用网址,皇冠登1登2登3代理最新网址,新2登1登2登3代理足球网址,新2网址大全。

KUALA LUMPUR: Slowing export growth and fears of a global recession are raising concern over softening demand in the country's electronics manufacturing sector.

There have been softer macro readings in recent data released by the National Statistics Department including lower year-on-year (y-o-y) manufacturing production growth of 6.5% in April, as compared with 6.9% in March.

On a monthly seasonally adjusted basis, manufacturing recorded a 0.3% y-o-y contraction.

According to Hong Leong Investment Bank (HLIB) Research, the moderation in manufacturing production mainly stemmed from the slowdown in the export-oriented sector, consistent with softer exports growth during the month.

"Weaker macro readings from IPI, manufacturing PMI, slower export growth to US and EU coupled with contraction in US consumer’s discretionary spending provide an indicator of slowing down for our electronics manufacturers," said HLIB.

,

U8HX官网www.eth108.vip)采用以太坊区块链高度哈希值作为统计数据,U8HX.COM官网单双哈希、幸运哈希、平倍牛牛等游戏数据开源、公平、无任何作弊可能性。

,

The research firm also noted US customers have cut back on discretionary spending, with retail sales in electronics and appliance stores in May contracting 1.8%.

HLIB downgraded its sector recommendation to "neutral". It maintained its buy call on top sector pick VS Industry Bhd (TP: RM1.14) and Uchi Technologies Bhd (TP: RM3.30) and reiterated "sell" on Panasonic Manufacturing Malaysia Bhd (TP: RM22.33).

On a brighter note, HLIB said there has been some improvement in the labour shortage situation, citing VS Industry's recent intake of 1,100 foreign workers following the reopening of borders.

HLIB is also optimistic Malaysia will continue to benefit from the US-China trade war as local manufacturers secure more outsourcing jobs.

"From our channel checks, our local EMS players have been getting requests for quotations buoyed by increasing order diversions," it said.


转载说明:本文转载自Sunbet。
allbet声明:该文看法仅代表作者自己,与本平台无关。转载请注明:Concerns over economic slowdown weighs on electronics manufacturing

网友评论

  • (*)

最新评论

文章归档

    站点信息

    • 文章总数:7987
    • 页面总数:0
    • 分类总数:8
    • 标签总数:2177
    • 评论总数:6240
    • 浏览总数:560426