TOKYO, April 20 (Bernama-BUSINESS WIRE) — The electrical and electronics (E&E) industry is characterized by internationally fragmented but well-integrated production networks with geographically extensive and highly modular value chains, which provide opportunities for ASEAN countries to easily participate in the E&E value chain, according to the study by the ASEAN-Japan Centre, entitled Global Value Chains in ASEAN: Electronics, issued in March 2021. This is the 14th report of the 16-paper series of ASEAN global value chain (GVCs) by AJC.
The Association of Southeast Asian Nations (ASEAN) is a significant hub of E&E production, contributing approximately $268 billion to the regional gross domestic product (GDP), employing more than 2.4 million workers and accounting for the largest share of ASEAN’s total exports (27 per cent).