Getting the Connection
Increased global demand for next-generation PCs and peripherals, TV receivers, home theater systems and A/V equipment is driving the rapid growth of the multimedia connectors industry in Greater China, according to Global Sources’ recently released report on multimedia connectors.
By 2008, Greater China, which spans mainland China, Hong Kong and Taiwan, is forecast to capture 35 percent of the world market for multimedia connectors. The industry is forecast to remain bullish with the influx of foreign companies into the region, and the increasing number of domestic connector makers diversifying into multimedia connector production.
Based on data gathered by Global Sources from a survey of 62 companies in the region, the overall export volume is expected to total 2.0 billion units, while aggregate production is likely to reach 13.61 billion units in 2006. Suppliers are increasing their export ratio in view of growing demand and intense competition. Taiwan companies are among the world’s 10 biggest exporters of multimedia connectors and at least 50 mainland China companies are full-scale exporters. Sony, Bosch, Panasonic, Acer, Samsung, LG, Philips, ASUS, Omron, NEC and Motorola are some of the internationally known brands that source their multimedia connectors from Greater China.