Fitch Ratings revises APAC tech sector outlook to deteriorating on...

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2025-06-10 08:50:15 -

Fitch Ratings revises APAC tech sector outlook to deteriorating on demand, tariff risks

Fitch Ratings has on Monday revised its 2025 outlook for the Asia-Pacific (APAC) technology sector to ‘deteriorating’ from ‘neutral’. The rating agency said in a statement that the change reflects the direct downside risk that tariffs will hurt demand for hardware, as well as the likely second-order effects of weaker consumer spending and economic growth globally as...

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