Chinese Electronics to Exceed $300 Billion in 2006; Global Market Hits $1.5 trillion

Chinese electronics output is forecast to exceed $300 billion in 2006 and is expected to surpass the US by the end of the year to become the world’s largest manufacturer, according to the latest figures from a report published by Reed Electronics Research and distributed by In-Stat. Growth in exports has been the key factor in the emergence of China as the world’s largest producer of electronic products. In 2005 electronic exports increased by 27% to $230 billion, which followed a robust growth of 44% in 2004 and 53% in 2003. 
Global electronics output is forecast to rise from $1.156 trillion in 2003 to $1.513 trillion by 2006. By 2009 the global electronics market is forecast to reach $1.709 billion.

In-Stat research, Yearbook of the World Electronics Data 2006: Volume 3 — Emerging Countries & World Summary, provides production data 2003-2006 and market data 2003-2009 for 9 countries: China, Egypt, Mexico, New Zealand, Puerto Rico, Saudi Arabia, Turkey, Venezuela and Vietnam. In addition the report provides a unique summary of production (2003-2006) and markets (2003-2009) for all the countries covered in the complete Yearbook series.

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