Japan's Electronics Output Forecast To Rise 6.5% Next Year

Jan. 13, 2005
By Agence France-Presse Japanese electronics and information technology output is likely to grow 6.5% in 2004 on expected brisk shipments of digital equipment, an industry group said Dec. 17. Total output for 2004 output is forecast at 20.3 trillion yen ...
By Agence France-Presse Japanese electronics and information technology output is likely to grow 6.5% in 2004 on expected brisk shipments of digital equipment, an industry group said Dec. 17. Total output for 2004 output is forecast at 20.3 trillion yen (US$188 billion), up from an estimated 19.1 trillion yen in 2003, when output grew 5.8% after a 12% drop in 2002, the Japan Electronics and Information Technology Industries Association (JEITA) said in a statement. "The favorable demand environment stimulated by digital equipment such as flat-panel televisions and DVD recorders is expected to continue into 2004," JEITA said. In the consumer-electronic equipment segment, production of audio and other basic equipment continues to shift overseas, but domestic output is expected to expand due to demand for high-tech products, such as DVD recorders, digital cameras and car navigation systems, the association said.

Sponsored Recommendations

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!