Report: double-digit growth in China's connector industry.Global Sources Ltd. (Singapore Singapore (sĭng`gəpôr, sĭng`ə–, sĭng'gəpôr`), officially Republic of Singapore, republic (2005 est. pop. 4,426,000), 240 sq mi (625 sq km). , www.global sources.com) has released a new report, Connectors: Supplier Capability in China. The report cites that more than two-thirds of connectors being produced in mainland China are designed for use in consumer electronics, communications and computer industries--a segment that was expected to grow 26% in 2003. Demand from the computer and consumer electronics markets in particular is forecast to drive double-digit dou·ble-dig·it adj. Being between 10 and 99 percent: double-digit inflation. growth in the Chinese Chinese, subfamily of the Sino-Tibetan family of languages (see Sino-Tibetan languages), which is also sometimes grouped with the Tai, or Thai, languages in a Sinitic subfamily of the Sino-Tibetan language stock. connector market during 2004. Mark Saunderson Saunderson is a surname of several people:
, publisher of Asian Sources Electronic Components magazine, said, "Our research shows that international markets remain important to mainland connector manufacturers. Thirty-three percent of the companies covered in the report exported the majority of their output to the U.S., while 29% identified Europe as their primary market." The findings indicate that mainland China is moving towards a more dominant position in the global connector supply market. "Total sales of connectors are valued at $3.46 billion, representing 12% of the global market, and by 2004, the China Electro E`lec´tro n. 1. An electrotype. Connector Association expects that China will manufacture 17% of the world's connectors," said Saunderson. |
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