With continuous doubt surrounding data center server demands, Microsoft and Google once again reaffirmed their stance that investment in data center construction will remain unchanged, providing reassurance to the server supply chain. However, industry sources pointed out that the market is still changing. Clients will be more realistic in their stocking and upstream demand will remain cautious.

The Malaysian semiconductor industry is projected to increase by 8-10% in 2022, according to the Malaysia Semiconductor Industry Association (MSIA). Vietnam exports recorded double-digit growth in the first nine months of 2022, with export value at an increase of 17.2 percent to US$282 billion. However, both countries expect a weaker 2023, which forecasts the slowdown of the electronics industry and the US economy. The automotive industry remains strong in Malaysia, Thailand, and Indonesia next year.

Power supply maker and energy management solution provider Delta Electronics expects devices used in electric vehicles (EVs) to contribute to overall profitability beginning 2023, according to company chairman Yancey Hai.