China's consumer electronics manufacturing will more than double by 2010, resports In-Stat
Oct 12, 2006
Low labor costs and a fast-growing domestic market will spur China's consumer electronics manufacturing industry to more than double by 2010, reports In-Stat. The industry will grow from $71.5 billion in 2006 to $167 billion in 2010, the high-tech market research firm says. China's mature supply chain, a skilled labor force, and convenient logistics are the key factors to attracting outsourcing manufacturers from abroad. "About two-thirds of China's electronics manufacturing revenue comes solely from foreign-funded or Sino-foreign joint ventures," says Anty Zheng, In-Stat analyst. "The world's top 10 electronics manufacturers have all invested in China and consider China to be a key region in their global manufacturing facility layout." Recent research by In-Stat found the following:
-- China-based electronics manufacturing companies contributed about 8% of China's total US$425 billion electronics manufacturing industry revenue in 2005.
-- Compared to its mature manufacturing environment, China's R&D ability, especially in chip design and solutions, is still weak: over 90% of chips for electronic manufacturing still depend on imports.
-- A few Chinese fabless IC companies have set up successful models to win in niche markets like the video/audio chip market in mobile communication and MP3. The research, "Electronics Manufacturing in China" (#IN0602785CSM), covers the market for consumer electronics production in China. It examines China's current electronics manufacturing industry and development trends, with forecasts on electronics manufacturing revenue by several product categories through 2010. Companies interested in cooperating with Chinese electronics manufacturing companies or fabless companies will find marketing intelligence necessary to penetrate the country's electronics manufacturing industry. The report provides valuable reference related to electronics manufacturing for any IC companies looking to sell chips in China. For more information on this research or to purchase it online, please visit: http://www.instat.com/catalog/Scatalogue.asp?id=242 or contact a sales representative: Eastern North America: Tina Sheltra, 480.609.4531; tina.sheltra@reedbusiness.com Western North America: Erin McKeighan, 480.609.4551; emckeighan@reedbusiness.com Outside of North America: http://www.instat.com/sales.asp The price is $2,995.
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