Electronics industry urged to expand export market
JAKARTA - The government continues to urge the electronics industry to expand its export market in order to benefit from the ongoing US-China trade war.
“The government is committed to boosting the national export value, especially from the industry sector, which has always provided the largest contribution,” said Director of Electronics and Telematics Industry at the Ministry of Industry R. Janu Suryanto in an official statement, Friday (14/2).
According to Mr Suryanto, the electronics industry is one of the manufacturing sectors prioritised in the Making Indonesia 4.0 roadmap. In 2019, the export value of computers and electronic and optical goods was recorded at US$1.1 billion, up from US$1 billion in 2018.
“We are confident that the export value of electronics will increase this year,” added Mr Suryanto. The confidence, he added, is based on the wide open market due to the trade war, which has caused supplies of electronics from China to the US to diminish significantly. (MS)