38% of global electronics output now produced in Asia Pacific
26 July 2006
News
Electronics output in the Asia Pacific increased to 38% (compared to only 20% in 1995) of the global total in 2005 according to the latest figures from a report published by Reed Electronics Research (distributed by In-Stat). During this period, China's share of global electronics has increased from 3% to 16%, it says.
Despite the rapid growth of China, other countries in the region also play an important role in the global electronics industry. South Korea, Malaysia, Singapore and Thailand are all ranked in the top 10 countries globally in terms of production. In particular, South Korean and Taiwanese companies have established a major presence within the global electronics industry. In other countries such as Singapore and Malaysia, companies with significant government support are looking to focus on higher value products and move away from low-cost assembly, according to the report.
Although further investment in infrastructure and the development of a component supplier base is still required, India offers significant potential and will be one of the fastest growing electronics markets in Asia and globally, with electronics output expected to reach over $35 bn in 2010 up from an estimated $10,8 bn in 2005.
The 16-country coverage in the 'Yearbook of the World Electronics Data 2006: Volume 2' includes: Australia, Brazil, Canada, Hong Kong, India, Indonesia, Israel, Japan, Malaysia, Philippines, Singapore, South Africa, South Korea, Taiwan, Thailand, and USA.
For more information contact Erin McKeighan, [email protected]
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