EMS faces more downside risks despite better outlook
The electronics manufacturing services (EMS) sector has been an important component of the Malaysian economy. Recent developments unfolding on the international landscape have enhanced the sector’s attractiveness.
Among these events, the continuous on and off trade war between two economic superpowers - United States and China, has turned into a blessing for the EMS sector in Malaysia. Malaysian companies involved in the EMS sector have been beneficiaries from the spat between these countries. These companies have benefitted from increased orders due to diversion in the supply chain from the geopolitical tensions.