Fri, Oct 06, 2006 - Page 11 News List

Electronics industry set to grow 20% in final quarter

HOT STUFF An industry association expects the total output value of electrical and electronics products to increase 15 percent from last year's US$170.8 billion

By Jason Tan  /  STAFF REPORTER

The output of the local electrical and electronics industry in the fourth quarter is set to grow 20 percent over the same period last year, the Taiwan Electrical and Electronics Manufacturers Assoc-iation (TEEMA, 電電公會) said yesterday.

"The strong demand for components, especially chips and panels, will improve the overall output for the next quarter," said David Chen (陳文義), executive vice president of TEEMA.

He said a shortage of dynamic random access memory (DRAM)and strong shipments of 32-inch and 42-inch liquid-crystal-display panels will help lift output.

As two-thirds of the whole-year amount is churned out during the traditionally busy second half, local firms are bracing for brisk business, he said.

TEEMA, which represents over 4,000 industry members, is expecting the total output of electrical and electronics products for the year to increase 15 percent from last year's US$170.8 billion.

Chen made the remarks on the sidelines of a press conference yesterday to announce the upcoming electronics tradeshow "Taitronics Autumn 2006."

The expo, one of the premium tradeshows in Asia, will be held at Taipei World Trade Center Exhibition Halls I, II and III, from next Monday till Friday.

There will be 1,100 vendors occupying around 2,600 booths this year, smaller than last year's 1,276 firms and 2,922 booths, the Taiwan External Trade Development Council (TAITRA, 外貿協會), said. TAITRA co-organizes the exhibition with TEEMA.

Visitor numbers are expected to rise, however, to 60,000 from last year's 58,817, TAITRA said.

The expo will be divided into 14 areas, with components ranging from wireless and networking, telecommunications and satellite equipment, to security and surveillance equipment.

Meanwhile, TAITRA has laid plans to bring Taitronics to India next year to replicate its success in Thailand this year.

"We took the show overseas for the first time this year to Thailand, and participating companies were pleased with the results," said Walter Yeh (葉明水), TAITRA's executive vice president.

TAITRA will continue to gather local firms to explore business opportunities next year in Thailand, at the same time expanding to India around next May, he said.

The expo will be smaller in India -- 200 booths -- and be targeted at industry professionals to attract buyers, he said.

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