Electronic brands relocating to China
Asian Market Research News
| April 16, 2002 Japanese companies like Toshiba are part of the move that is making China a top electronics manufacturing centre, providing unwelcome competition to other low cost centres in South East Asia, and as the labour market matures, other East Asian countries should have cause for concern as well. According to Patrick Seitz of Investor's Business Daily today, China is a top electronics source as brands relocate plants there Extract: China stealthily has moved up the ranks to become a top maker of electronics devices and components. Top producers of consumer electronics, personal computers, cell phones and other devices quietly have shifted output there. The reason is simple. It costs less in China. But there are other benefits, especially now that China has joined the World Trade Organization...." And it's not only for the export market. According to the article, "...Already China is the world's largest market for cellular phones, based on the number of users, and their penetration rate is only 9%. That compares to 40% or 50% in the U.S. and Europe," said Lorne Waldman, Nam Tai spokesman. "So they have a lot more growth going forward..." | Asian Market Research News provides the latest news relating to the practice of market research in Asian countries, industry and consumer surveys, economic prospects, case studies, market and branding strategy & market entry. It is intended for business marketing professionals targeting Asian markets. AMR Partners...  Click here for Asia-Pacific market research reports, business reference books and free country data  Asia Market Research News is available for syndication |
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