Sunrise segments to drive China exports

By Global Sources

Intelligent, eco-friendly and enhanced versions of conventional devices offer greater growth opportunities, securing revenue despite the challenging business climate.

High-value models will sustain several of China’s export industries in the months ahead amid various challenges, including product homogeneity and slowing overseas demand. Tablet PCs, smartphones and TVs, and semiconductor lighting, specifically LEDs, are the sunrise categories supporting the mature computer, mobile phone, TV and electronic component industries.

Output of these heavily export-oriented product lines will continue to rise in coming months, spurred in part by the 12th Five-Year Plan. One of the goals of the latest FYP is to “accelerate the cultivation and development of strategic emerging industries” such as energy-saving/environmental protection and innovative information technology.

Subsidies, lower taxes and other preferential policies, however, are enticing new entrants, hastening competition and the possibility of overproduction. Consequently, manufacturers in some categories are cutting prices by as much as 30 percent.

Tablet PC output accelerates

China’s 2012 tablet PC output is expected to exceed 25 million units, double from last year, as suppliers boost production to ride on the line’s global popularity. Worldwide shipments are forecast to reach nearly 114 million units by end-2012, according to IHS iSuppli.

 

Read the full article at Global Sources, a leading business-to-business media company that facilitates trade between buyers worldwide and suppliers in China & Asia, via Online, Magazines, Trade Shows and Research.

Posted July 19th, 2012 in Uncategorized.

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