Orders Rebounding at German Electronics Cos.
Published: 08 March 2010
by Mike Buetow
MUNICH -- January orders at Germany-based electronics manufacturers were up 10% from a year ago, a domestic trade group said.
ZVEI said domestic orders for the month are up 7% while international orders are 14% higher than January 2009.
Revenue is down 2%, hoever, although international revenue rose for the first time since April 2008.
The group says 30% of surveyed companies expect their business to increase in the next six months.
