Design engineering resource and global semiconductors-electronic components
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Posted On :
Aug-07-2011
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Article Word Count :
607
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Chinese equipment vendors suffered severe losses as well as the export market fell sharply. Exports contracted by 8.6% in 2008.
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This relatively stable performance enhances China's position while in the global market. China's share from the global automotive electronics market revenue was 13.5% in 2008 and is also required to rise to 18.1% in 2012.
China's market will play an important role and international firms will expand their presence and activities while in the nation. Competition will likely be greater in China with leading multinational firms, for instance TRW and Lear, who have done well while in the global market but haven't been so successful in China thus far. Many new domestic entrants are additionally expected, mostly while in the infotainment segment.
There have been two major alterations in China's automotive infotainment market during 2008. There were a larger concentrate on OEM customers and on the domestic market.
The export market landed greater than 62% coming from all Chinese-made automotive infotainment products in 2007.
However, in 2008, the sudden arrival with the financial meltdown in america triggered mass international order cancellations. Chinese equipment vendors suffered severe losses as well as the export market fell sharply. Exports contracted by 8.6% in 2008. Being a share of China's automotive infotainment market, exports have decreased to 41%.
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Design engineering resource and global semiconductors-electronic components distributor Mouser Electronics announced that it'll sponsor Chinese race car driver Ho-Pin Tung in her make an attempt to qualify for the Indianapolis 500.
During this 100th Anniversary on the Indianapolis 500, it is just a privilege for people like us to sponsor this talented young Chinese driver such an historic event, commented Larry Johannes, Mouser Electronics Vice President of Strategic Marketing. Since we still strengthen our market presence in China, this opportunity provides us a wonderful vehicle to develop top-of-mind awareness for Mouser and our valued supplier partnerships.
China's automotive electronics marketplace is immature and applications are developing at different rates. In some segments, just like low-end infotainment, superfluous bags are common. Meanwhile, practically in most other segments, supply still lags demand, sometimes with a wide margin. For brand spanking new market entrants in China's automotive electronics industry, it is very important find trading markets or product niches with less competition, Wang noted. In which the gap between demand and supply is greater, market conditions are often more favourable and potential profits is going to be higher.
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Article Source :
http://www.articleseen.com/Article_Design engineering resource and global semiconductors-electronic components_71822.aspx
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Author Resource :
Buy China Car Electronics ,auto accessories,car addons,car tools with high quality from Qualir, Car Stereos you will find the best automotive gadgets from car Diagnostic our car accessory shop.
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Keywords :
car electronics, auto accessory, car tools,
Category :
Business
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Business
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