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Technology Stocks : C-Cube
CUBE 36.29+1.9%Nov 21 9:30 AM EST

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To: John Rieman who wrote (46077)10/14/1999 7:02:00 PM
From: DiViT  Read Replies (1) of 50808
 
CHINA JAN-JULY ELECTRONICS SECTOR OUTPUT VALUE UP 24.5%

10/08/1999
Asia Pulse
(c) Copyright 1999 Asia Pulse PTE Ltd.

BEIJING, Oct 8 Asia Pulse - China's electronics industry developed
steadily in the January-July period of this year, but the pace slowed
down just like the national economy did, according to the Ministry of
Information Industry.

Statistics show that the industry realised a 24.5% increase in the
gross output value from a year earlier, but 4.3 percentage points
lower than in the January-June period.

Sales by the sector amounted to 168.6 billion yuan (US$20.37 billion)
in the seven months, up 23% from a year-earlier period.

The industry generated 8.1 billion yuan in profits, up 39% from a
year earlier and 5.5 billion yuan in taxes, up 46% from a year
earlier.

Official analysts held that the slowdown may be attributable mainly
to the higher base figure in the second half of last year and dull
season of electronic consumer products since May of this year.

The industry reported an improved economic efficiency in the second
half of last year, on a bigger investment by the state, and in the
dull season, some enterprises vied with one another to cut price for
bigger market share, thus resulting in worsening economic efficiency.

Meanwhile, some enterprises were still deep in the mire, as a result
of inadequate demand, big payment for goods in arrears, deep debt and
poor corporate management.

However, exports continued to pick up, topping US$16.91 billion in
the January-June period, up 20.5% year-on-year, accounting for 20% of
the country's total exports.

The electronics industry has become the fastest-growing sector among
all the exporters.

The following table shows production of major electronic
products between January and July.

Item Production (mln units) Yr-on-yr % chng
Mobile phones 8.08 156.2
Program-controlled
exchanges 21.98 27.2
Telephones 13.15 -10.4
Fax machines 0.11 71.7
TV sets 21.93 13.3
Colour TVs 19.17 21.3
Radio-recorders 7.69 -10.9
Audio component
systems 5.86 -27.4
VCD players 5.34 -15.6
LD players 0.02 -79.1
VCRs 2.27 21.8
PCs 1.66 21.0
Monitors 6.40 53.8
Printers 0.45 40.8
Electronic
elements 62,717.22 37.7
Kinescopes 21.12 31.1
Colour
kinescopes 18.49 34.5
Bulbs for
kinescopes 26.51 39.1
Bulbs for colour
kinescopes 22.89 45.0
Discrete semiconductor
devices 10,763.17 29.6
Integrated
circuits 1,081.09 36.7
Large-scale integrated
circuits 573.18 29.2

The following table lists sales of major electronic products between
January and July.

Item Sales (mln units) Yr-on-yr % chng
Mobile phones 8.23 186.8
Program-controlled
exchanges 20.45 29.8
Telephones 13.24 -1.8
Fax machines 0.11 -24.0
TV sets 20.57 22.5
Colour TVs 17.68 32.5
Radio-recorders 6.41 5.6
Audio component
systems 5.83 -27.9
VCD players 4.66 -1.4
LD players 0.02 -79.4
VCRs 2.26 32.2
PCs 1.48 29.2
Monitors 5.54 50.5
Printers 0.37 39.7
Electronic
elements 56,393.57 44.7
Kinescopes 19.59 26.1
Colour kinescope 17.13 29.7
Bulbs for
kinescopes 25.65 60.2
Bulbs for colour
kinescopes 22.32 69.1
Discrete semiconductor
devices 9,377.94 36.8
Integrated
circuits 897.73 37.7
Large-scale integrated
circuits 556.57 30.0

The following table lists inventories of major electronic products
between January and July.

Item Inventory (mln units) Yr-on-yr % chng
Mobile phones 0.21 -44.1
Program-controlled
exchanges 1.37 37.4
Telephones 2.07 5.1
Fax machines 0.02 -84.2
PCs 5.92 8.4
TV sets 5.15 37.1
Colour TVs 1.18 -1.1
Radio-recorders 0.3 -3.4
Audio component
systems 0.47 -51.6
VCD players 0 -76.6
LD players 0.08 -53.5
VCRs 0.22 281.9
Monitors 0.34 107.5
Printers 0.03 112.3
Electronic
elements 10,847.86 13.0
Kinescopes 2.65 -10.9
Colour kinescopes 1.81 -7.7
Bulbs for
kinescopes 9.42 -10.5
Bulbs for colour
kinescopes 8.77 -2.5
Discrete semiconductor
devices 2,061.22 -5.1
Integrated
circuits 138.65 19.9
Large-scale integrated
circuits 42.99 66.3
(Source: Ministry of Information Industry)
(XIC)
08-10 1528

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