Global Slowdown Strikes Malaysian Electronic Factories

By Julian Matthews

The global downturn in the electronics industry is beginning to be felt in Malaysia following the closure of factories and a slowdown in production of existing plants.

Many factories, mainly in Penang, have put a freeze on recruitment and are controlling overtime, reducing shifts and shutting down during weekends, claimed OK Lee, chairman of the northern branch of the Federation of Malaysian Manufacturers.

“Business will be slow for the next six months, possibly until early next year,” Lee said.

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