Is Asia's High-Tech Nightmare Over?

- By FX Markets Staff
- @FXMarkets_
- 21 May 2001

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Gene Frieda looks at electronics shipments data to show Asia's exports decline may not bottom out until Q4 at the earliest

In the run-up to Y2K, the periodic doom-and-gloom scenarios about a popping of the supposed Nasdaq bubble were consistently turned on their head. Fast forward to 2001, and Asia's worst nightmare appears to have become reality, with new US electronics orders, representing the core of Asian electronics export demand, experiencing their deepest decline since the mid-1970s oil

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