Shutting down: Waning electronics demand hurts exports

Domestic exports of electronics dropped by 14% in the second quarter.

International Enterprise (IE) Singapore said, “On a y-o-y basis, domestic exports of electronics (comprising 31 percent of NODX) contracted by 14 percent in 2Q 2011, following the decline of 7.2 percent in 1Q 2011. The decrease in electronic NODX can be attributed to lower domestic exports of parts of ICs (-45 percent), disk drives (-49 percent) and parts of PCs (-18 percent).”

Here’s more from International Enterprise (IE) Singapore:

Both NODX and NORX performed worse than expected especially in the second quarter of 2011. Their performance was dragged down by sluggish electronic exports. Electronic domestic exports decreased y-o-y by 11 percent in 1H 2011 while electronic re-exports contracted by 2.7 percent in the same half of the year. Our poor electronics performance can be attributed to the following reasons:
a. Deceleration in global electronics demand in the first half of 2011.
b. Japanese earthquake and tsunami in March 2011 affected the global electronics supply chain.
c. High base effects from 2010.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia