Kuala Lumpur, Malaysia – Industrial Laser Solutions' man-on-the-ground and editorial advisor, Dr. Keng Leon, reports from Malaysia that the GDP slowed slightly from the 1Q growth of 10% to about 9% in the 2Q. The recovery from 2009 is similar to its SE Asian neighbors.
Malaysia's economy is export-dependent with its substantial oil palm plantations and electronics and light manufacturing industries.
Even Proton, the national car company turned a profit, helped by increased sales and federal subsidies. Proton is behind its competitors' use of laser technology with no lasers utilized in welding or cutting. With the return to profitability, the use of laser marking for front panel components may be expected or perhaps laser cutting or welding will be considered as numbers of vehicles produced approach 300,000 this fiscal year.