Project of Auto Electronic Control System.
Project start date: 2014
Project Value (USD): USD 40 million
Project Status: Ongoing
Project Phase: Planning
Covering an area of 70 mu and gross building area of 50,000m2, this project is designed to realize annual output of 1million pieces (or sets) vehicle electronic devices (such as touch and electronic instruments, closed circuit TV systems, reverse monitoring system and so on) and to construct a monitoring laboratory of electronic devises. It is also to be equipped with production equipment such as full automatic optical inspection machines, printing machines, automatic dispensers, midsized high-speed chip mounters, midsized multiple-use chip mounters, high-speed skipped stitching, axial and radial component inserters and so on.
Investment Estimated and Funding Sources: Total investment of this project is USD 40 million, including USD 25 million of self-raised funds and USD 15 million to be raised.
Market Analysis: performances of automobiles like safety, comfort and entertainment, etc. are increasing, while the government is requiring more and more strict regulations and standards on vehicles safety, energy saving and eco-friendly performance. At the meantime, the progress of electronic information technology and its penetration towards vehicle manufacture process are speeding up. Therefore, electronizaion, informatization and intellectualization will become new development directions of automobile industry, and soon they will be the most striking emerging growth in global automobile industry. In 2011, China s market size of auto electronic products reached RMB 266.1 billion Yuan, showing year-to-year growth of 21%; and 32% of vehicle price is on automobile electronics. In the next 5 years, CAGR (compound average growth rate) of China s market size of automobile electronics will be over 20%, reaching RMB 400 billion Yuan by 2015. Therefore, this project is designed to construct in accordance with the developing direction of the market.
2014 Al Bawaba (Albawaba.com) Provided by SyndiGate Media Inc. ( Syndigate.info ).
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|Date:||Jul 22, 2014|
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