China Consumer Electronics Manufacturing to Double to $167B by 2010, says In-Stat
Low labor costs and a fast-growing domestic
market will spur China’s consumer electronics manufacturing industry to
more than double from $71.5 billion in 2006 to $167 billion in 2010, says In-Stat.
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. 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 In-Stat research, In-Depth Analysis: Electronic Manufacturing in China, 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.
