Breaking News

ASUS Unveils ProArt PA401, PA602 Wood Edition PC Cases with Retro Colors Synology Releases DiskStation Manager 7.3 Shuttle Introduces DH810 Compact Mini PC with Intel Core Ultra Processors Elgato Debuts Supersized Prompter XL for Studio Use Thermaltake Launches AW360/420 AIO Liquid Cooler and WAir CPU Cooler for Workstations

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Japan's electronics industry shrinks again in 2002

Japan's electronics industry shrinks again in 2002

General Interest Dec 23,2002 0

Though slight growth was expected at the beginning of this year, Japan's electronics industry will follow up last year's contraction with further sales declines this year, according to estimates by the Japan Electronics and Information Technology Industries Association (JEITA). Last year's 17.5 percent decline in total production, measured on a value basis, will be followed by an 8.5 percent decline this year, to about $160 billion, the lowest annual figure since 1990, JEITA said.

Sales for the industry's consumer electronics sector this year will remain level with last year due to such bright spots as color TVs, digital still cameras and car navigation systems. But sales for the industrial electronics sector, which includes computers, office equipment and measurement equipment, will drop to 84 percent of the previous year's level, and electronic component sales will drop by 8.5 percent, JEITA said.

JEITA attributed the declines to Japan's sluggish economy. Cautious capital investment by the private sector and flat consumer spending are creating an uncertain outlook for the economy, though JEITA is projecting slight 3.6 percent growth for 2003. One consumer electronics category, imaging equipment, is expected to work as a tractor for the electronic components sector in 2003.

Total production of 20 trillion yen, or about $166 billion, is forecast for 2003. That's the second-lowest annual figure of the last 10 years, JEITA said.

Tags: CDDVD
Previous Post
Samsung aims high with new DVD player
Next Post
Seven major movie studies sue maker of DVD backup copy software

Related Posts

  • DVDs Still Find an Audience

  • New Data Storage Method Could Boost Capacity Of Optical Storage Media

  • CDs Remain Popular In Japan

  • U.K. Physical Media Market To Keep Falling In Q3 2015

  • Optical Disc Sales Down

  • DVD And Blu-ray Discs Remain Popular in Britain

  • CD-R And CD-RW Discs Represent $368 Million in 2013 - CD writers and CD Combo Disappearing

  • DVD Writer and Media Market Keeps Shrinking

Latest News

ASUS Unveils ProArt PA401, PA602 Wood Edition PC Cases with Retro Colors
Cooling Systems

ASUS Unveils ProArt PA401, PA602 Wood Edition PC Cases with Retro Colors

Synology Releases DiskStation Manager 7.3
Enterprise & IT

Synology Releases DiskStation Manager 7.3

Shuttle Introduces DH810 Compact Mini PC with Intel Core Ultra Processors
Enterprise & IT

Shuttle Introduces DH810 Compact Mini PC with Intel Core Ultra Processors

Elgato Debuts Supersized Prompter XL for Studio Use
Consumer Electronics

Elgato Debuts Supersized Prompter XL for Studio Use

Thermaltake Launches AW360/420 AIO Liquid Cooler and WAir CPU Cooler for Workstations
Cooling Systems

Thermaltake Launches AW360/420 AIO Liquid Cooler and WAir CPU Cooler for Workstations

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

be quiet! Pure Base 501

be quiet! Pure Base 501

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed