THE electronics industry has started witnessing a recovery, boosting hopes for a 5-percent growth in 2013 after suffering a slump last year.

“We have started to recover [this] June and July. The cause of deficiency in the first half was overstocking in the previous quarters . . . In fact, we are seeing about 5-percent [growth] over last year,” said Francisco Ferrer, Philippine Exporters Confederation Inc. (PhilExport) trustee representing the electronics and semiconductor sector.

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