China Outstrips U.S. As Exporter Of IT And Communication Equipment

Dec. 14, 2005
China has overtaken the U.S. to become the world's biggest exporter of IT and communications equipment and is increasingly sourcing components from its Asian neighbors at the expense of U.S. and European companies, a study by the Organization for ...

China has overtaken the U.S. to become the world's biggest exporter of IT and communications equipment and is increasingly sourcing components from its Asian neighbors at the expense of U.S. and European companies, a study by the Organization for Economic Cooperation and Development (OECD) said on Dec. 12.

The OECD said that Chinese exports of information and communications technology -- mobile phones, lap tops and digital cameras, for example -- totaled US$180 billion in 2004, while U.S. exports were valued at $149 billion.

In 2003, Chinese exports of $123 billion dollars had trailed exports worth $137 billion from the U.S. The study also revealed that trade among Asian nations had resulted in a decline in imports of ICT products from Europe and the US, as well as a fall in imports of electrical components from outside of Asia. "To manufacture laptops and advanced mobile phones, China previously relied on electronic components such as computer chips imported from the EU and U.S.," the OECD said. "These are now also being increasingly sourced from other Asian countries."

China now supplies 27% of U.S. imports of ICT equipment, an increase from its share of 10% in 2000, the OECD said.

Copyright Agence France-Presse, 2005

Popular Sponsored Recommendations

Onsite Wind Generation Guide for C&I

Jan. 22, 2024
This document offers insights into using onsite wind power for businesses, covering feasibility, project development, technology selection, and benefits of renewable energy.

Preventive Maintenance: Improve Productivity on Production Floors

June 28, 2023
Everything needs to run smoothly in manufacturing. For processes to run smoothly, they need continuous improvement in every part of the chain. One area is operator maintenance...

Autonomous Operations: A Powerful Solution to Unprecedented Times

June 17, 2021
Yokogawa, a company on the leading edge of industrial automation, provides insight into the profound benefits of autonomous operations in a post-pandemic world.

Top 3 Ways AI is Transforming Manufacturing Operations

Feb. 17, 2024
Unlock the power of Industry 4.0 with AI and IoT. Explore how real-time data and automation are reshaping manufacturing, driving efficiency and quality to new heights. Dive into...

Voice your opinion!

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