Tech industry: downturn continues
Zürich (ots) - The situation in the Swiss tech industry (mechanical and electrical engineering industries and related technology sectors) remains challenging. In the first nine months of this year, sales were down 4.2% compared with the same quarter of the previous year, with goods exports and new orders declining by 3.6% and 0.3%, respectively. The primary factor behind this situation is economic weakness in the EU and, in particular, Germany. Key indicators do not point ...
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