Low Utilisation Prompts Electronics Industry to Target New Export Markets

Jakarta, CNBC Indonesia - The General Chairman of the Indonesian Electronics Commodity Entrepreneurs Association (APKONIK), Deny Irawan, stated that weakening public purchasing power and the influx of imported products are suppressing the utilisation rate of the national electronics industry. Facing current business challenges, APKONIK is encouraging industry efforts to maintain existing markets while driving efficiency and reducing production costs. Business players are seeking government support for regulations that advance the local electronics industry to safeguard the domestic market. Furthermore, the electronics industry is being urged to enhance its competitiveness through improved quality, innovation, and production speed. Concurrently, the domestic electronics industry ecosystem needs to be strengthened, made more complete, and competitive, alongside the importance of expanding into new global export markets.