Enough China! What about Southeast Asia
Thursday, 07 June 2007 @ 07:31 AM ICT
Contributed by: News
New regional analysis indicates manufacturing shifts in Southeast Asia. China is the global epicenter of electronics manufacturing.For years, most manufacturers have flocked to Shenzhen, Guanzhou, Suzhou, Wuxi and Beijing to maximize revenues and minimize cost structure.
Accordingly, iSuppli projects that 52.4% of all contract manufacturing revenues resulted from services offered by the likes of Foxconn, Flextronics, Quanta and Compal in China.
Now, however, a new regional trend in electronics manufacturing has emerged. That trend focuses on the Southeast Asia countries of Singapore, Malaysia, Thailand and Vietnam.
For the 2006-2011 time frame, iSuppli forecasts that contract manufacturing industry in Southeast Asia will experience a solid expansion of almost ten billion dollars in regional revenues.
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