51. However, he added there were signs of an upturn in the electronics sector, in which shipments were starting to rise, Asaoka said. 52. Hsu said the electronics sector continued to be overshadowed by concerns about demand and earnings prospects during the traditionally slow second quarter. 53. However, Asaoka added the recovery of the electronics sector would not be enough to drag the recession-hit economy out of the doldrums. 54. In contrast, financials sustained intra-sector rotational play against a still weaker electronics sector. 55. In another step toward consolidation of the defense sector, Westinghouse Electric last week sold its defense electronics sector to Northrop Grumman for three billion dollars. 56. Akuta agreed, however, the electronics sector was showing signs of recovery. 57. Analysts said March exports were expected to suffer given the high year-earlier base and also demonstrate the absence of a real recovery in the electronics sector. 58. Asaoka added the recovery of the electronics sector would not be enought to drag the economy as a whole out of the doldrums. 59. But he added the recovery of the electronics sector would not be enough to drag the recession-hit economy out of the doldrums. 60. Computer-related industries, particularly disk-drive manufacturers who expect strong overseas demand, are the most optimistic companies in the electronics sector, the survey said. |
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