Report: China's electronics industry production was the world's number one last year(electronics manufacturing expo news)

07 Aug 2019

According to a report on July 30, the Korea Electronics and Telecommunications Industry Promotion Agency (KEA) released the "Global Electronics Industry Major Country Production Trend Analysis Report" released on the 30th. In 2018, the Korean electronics manufacturing expo electronics industry produced US$171.01 billion, ranking third in the world. After China and the United States, catch up with Japan.

According to the report, South Korea accounts for 8.8% of the global electronics industry, China accounts for 37.2%, and the United States accounts for 12.6%. Compared with five years ago, the production of Korean electronics industry increased by 53.3%, with an average annual growth rate of 9%. The growth rate was ranked third after the electronics manufacturing expo upstream 20 countries relayed Vietnam (11.7%) and India (10.9%). China and the United States increased by 2.9% and 1%, respectively, while Japan decreased by 2.3%.

South Korea accounts for 19.2% of global electronic component production, ranking second after China (24.1%). In terms of wireless communication equipment, South Korea accounted for 4.3%, ranking fifth in China, the United States, Vietnam and India. Computer production is ranked fifth after China, Mexico, the United States and Japan.

In the Korean electronics industry, electronic components accounted for 77.3% of the total, the proportion increased by 18.8 percentage points compared with five years ago, and wireless communication equipment and computers accounted for 10% and 7.8% respectively. According to industry insiders, in 2017 and 2018, thanks to the global electronics manufacturing expo semiconductor memory market peak season, Samsung Electronics and SK Hynix achieved record high performance, and the proportion of electronic components increased significantly, surpassing competitor Japan, ranking third.

Industry insiders pointed out that South Korea's electronics industry R & D and equipment investment are mainly Samsung Electronics, SK Hynix, LG Electronics and other large companies. Although South Korea's position in the global electronics industry is improving, its dependence on semiconductors is too high, and China and the United States. In contrast, the basis for resisting external shocks is relatively weak. For example, Japan adopted a trade electronics manufacturing expo restriction measure against South Korea a few days ago, similar to the variables or caused the market unease index to rise sharply.

Leading Exhibitors

electronic equipment China
Recommended Exhibition
China PCB show
SMT Exhibition
Join and Follow Us
Exhibition Hours
Day Time
Wednesday, August 26 10:00-17:00
Thursday, August 27 09:30-17:00
Friday,August 28 09:30-16:30
Visitor Hotline
International Callers:86-21-2231-7105
From within China:400-650-5611

We use cookies to operate this website and to improve its usability. Full details of what cookies are, why we use them and how you can manage them can be found by reading our Privacy & Cookies page. Please note that by using this site you are consenting to the use of cookies.