Electronic Components Standard Report Q1/2020

Vietnam Electronic Components Industry

Total production value of global electronic components in 2019 is estimated at x, xxx million USD, down x% compared to 2018. By the end of September 2019, the world electronic components price index reached xx, decreased. x% compared to the highest level in October 2018. The value of industrial production of electronic components in 2019 is estimated at about xxx, xxx billion, up xx% compared to 2018. According to the latest forecast of the Vietnam Electronics Business Association, the consumption level of Electronic products of Vietnam will increase by xx% in 2020.

Due to the low labor cost as well as the advantage of position in the local markets and with the explosion of the Internet, developing countries, including Vietnam, have many opportunities to participate in the supply chain of products. electronic products in the global market.