Industry Analysis & Industry Trends
With the rapid development of China's Information Communications Technology (ICT) sector, China has become the world's largest manufacturing center for electronic products, including televisions, computers, handsets and DVD players. China's output of some component categories, especially commonly used and medium- and low-end electronic components, is the highest in the world.
Industry revenue is forecast to increase by 24.5% in 2011 to $157.93 billion, with average annual increases of 18.4% in the past five years (constant 2011 dollars). A slow growth of 5.9% industry revenue in 2009 was mainly due to lower domestic and foreign demand resulting from the global financial crisis, and a decline in price levels.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Electronic Components Manufacturing industry in China is in the growth phase of its life cycle. This is shown by the industry's annualized value added growth rates in the five years to 2011 of 16.9%. It is much higher than China's GDP growth over the same period of around 11%. Also, the industry is expected to continue to expand rapidly in the future.
The number of enterprises operating in the industry is expected to increase at an annualized rate of 10.8% in the five years to 2011, and is also forecast to continue increasing with slower growth in future years. With China's accession to the WTO, many well-known enterprises in the world that produce PCs, mobile phones and other communication devices have established manufacturing centers in China... purchase to read more