Components
China’s consumer electronics production industry to top $67 billion this year
MUMBAI: Mainland China’s production of consumer electronics will reach $67.3 billion in 2005 — up 22 per cent from 2004.
This data is contained in the report China Industry Outlook: Consumer Electronics. It provides in-depth analysis of China’s consumer electronics manufacturing industry and examines semiconductor demand and supply and design challenges. The report was published by media company and a facilitator of two-way trade with Greater China Global Sources
This year makers expect to produce:
102.7 million DVD players — up 19 per cent from 2004, 88.5 million air conditioners up 33 per cent, 79.0 million colour TVs — up 12 per cent, 37.9 million in-car entertainment systems up 23 per cent, 33.5 million digital cameras — up 29 per cent, 16.5 million MP3 players — up 61 per cent and 7.9 million home theater systems up six per cent.
Report publisher, Mark Saunderson said, “China’s consumer electronics production revenue is expected to grow at a compound annual growth rate of 23 per cent between 2004 and 2007. ‘The industry is becoming increasingly crowded. To be more competitive makers are shifting research and production towards more advanced products such as liquid crystal display (LCD) TVs, digital TVs, DVD recorders and
eight-megapixel or higher digital cameras. ‘In the first four months of 2005, exports of 21-inch and larger LCD TVs grew by 559 per cent compared to the same period in 2004.”
This year television set makers will import $1.13 billion worth of components — up 15 per cent from 2004. DVD players will import $1.3 billion worth of components — up 14 per cent. Digital cameras will import $1.69 billion worth of components — up 34.5 per cent. MP3 players will import $0.37 billion worth of components — up 37 per cent.
Saunderson adds, “In 2005, China’s electronics industry will use US$59.85 billion worth of ICs. It is expected 94 percent of this amount will be
imported. This represents a huge opportunity for companies looking to sell their components and solutions to China’s finished-product manufacturers.”
Designers using more advanced technology
Import figures for digital single-chip ICs show that manufacturers are using more complex technology in their designs.
