Electronics exports are expected to resume growth and top 1 trillion baht this year after stagnating the past two years following heavy floods in 2011, says the Federation of Thai Industries (FTI).
Supachai Suthipongschai, chairman of the FTI's electrical, electronics and allied industries club, said electronics exports are projected to grow by about 5% this year despite the slowing global economy.He noted China, Asean, Europe and the US account for more than 70% of international shipments.
The industry reported negative export growth of -2% over the last two years. Exports dropped to 829 billion baht in the first 10 months of last year compared with 1.04 trillion for all of 2010, one of the best years for the industry.
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