Industry Analysis & Industry Trends
The UK Consumer Electronics Manufacturing industry has been adversely affected by decreasing demand for consumer electronics, such as TVs, headphones and high-definition sound systems, despite lower prices and new product releases. This dip in demand has been influenced by falling consumer confidence and real household disposable income. Furthermore, the steep drop in prices has resulted in an overall decline in the value of sales. Consumer electronics are increasingly being manufactured in foreign countries where labour costs are low and supply chains are deep. The industry is highly globalised, with exports estimated to amount to £1.5 billion, and imports approximately reaching £1.1 billion through the current year. Furthermore, imports are estimated to satisfy 93.5%... purchase to read more
Industry Report - Industry Investment Chapter
The Consumer Electronics Manufacturing industry has a high level of capital intensity and is estimated to have a capital-to-labour ratio of 1:2.28. This means that for every £1.00 spent on capital, £2.27 is spent on wages.
Both wages and capital are relatively high in the industry. Consumer electronic manufacturing is a high-technology industry, which can involve the use of highly skilled employees in the areas of R&D, production and sales. On the other hand, an increased use of machinery in production processes has increased productivity. The.. purchase to read more