KUALA LUMPUR (April 6): The double-digit growth in exports of electrical and electronic products (E&E) will likely continue in March and the remaining months of this year, following an improving outlook for the external environment post Covid-19.
Deputy International Trade and Industry Minister Datuk Lim Ban Hong said E&E exports grew by 13.1% in January 2021 and the expansion continued in February 2021 with a 24.4% growth registered.
He said demand for E&E is expected to remain higher, in view of strong growth projections of global product sales and revenue for 2021, with information technology infrastructure at 6.2%, followed by smartphone (11.4%) and cloud computing (18.4%).