News
LAS VEGAS -- Revenues from sales of consumer electronics are expected
to increase 9% during the upcoming holiday shopping season, show the
results of a new survey by the Consumer Electronics Association.
Predicted at the top of wish lists: MP3 players.
The survey is based on 1,000 randomly selected U.S. adults interviewed by phone by CEA. Based on the survey, CEA forecasts that overall holiday spending will increase 14% per average household to $1,430, from $1,254 in 2004, factoring in gifts, decorations, food, travel and other assorted holiday expenses.
"Peace, happiness, health - and consumer electronics - are on the wish lists of Americans this holiday season, according to our forecast survey," CEA said. "Despite concern about the overall economy, consumers intend to purchase, as well as hope to receive, a plethora of consumer electronics gifts this holiday season. More, our survey indicates that retailers and consumers alike will be humming a happy tune entering the New Year, as results show the MP3 player is going to be one of the hottest sellers."
The survey tracks CE devices consumers intend to give as gifts, as well as those they hope to receive. The MP3 player topped both lists this year displacing the digital camera at the top of the gift list and the plasma TV at the top of the wish list from last year's survey. Consumer interest in buying a portable MP3 player has increased eight points from 2004, to 28%. Revenues from sales of MP3 players are up 105% so far this year, according to CEA.
For the second year in a row, CEA also surveyed CEA|CNET Tech First Panel participants for the holiday study in order to determine the holiday gifting intentions of technology early adopters. The study was administered via the Internet to an online sample of CNET users who were screened as people who adopt consumer electronics products in the early to mid-product life cycle stages.
The CEA|CNET Tech First Panel sheds light on the thoughts, behaviors and desires of the first consumers to buy technology products. Their interests and behaviors are often precursors to future mass market trends. The MP3 player topped their list for gift-giving, as well.
Fifty-seven percent said they are likely to purchase an MP3 player this season to give as a gift. Other top early adopter gift-giving items included a digital camera, internal PC upgrade, video game system and home networking devices. Following the MP3 player, the full wish list for the randomly selected survey respondents included, in order of preference: plasma television, digital camera, laptop PC, big screen TV, desktop PC, video game system, high-definition television, DVD recorder and home theater speakers or system.
The gift-giving list included: portable MP3 player, digital camera, video game system, cordless phone, home DVD player, portable headset CD, game peripherals, DVD recorder, cellphone and laptop PC.
When adult consumers were asked what they wanted most, CE products followed peace, happiness and good health; conversely, when asked what their kids wanted most, respondents listed CE products first with video games leading the inventory.
The survey is based on 1,000 randomly selected U.S. adults interviewed by phone by CEA. Based on the survey, CEA forecasts that overall holiday spending will increase 14% per average household to $1,430, from $1,254 in 2004, factoring in gifts, decorations, food, travel and other assorted holiday expenses.
"Peace, happiness, health - and consumer electronics - are on the wish lists of Americans this holiday season, according to our forecast survey," CEA said. "Despite concern about the overall economy, consumers intend to purchase, as well as hope to receive, a plethora of consumer electronics gifts this holiday season. More, our survey indicates that retailers and consumers alike will be humming a happy tune entering the New Year, as results show the MP3 player is going to be one of the hottest sellers."
The survey tracks CE devices consumers intend to give as gifts, as well as those they hope to receive. The MP3 player topped both lists this year displacing the digital camera at the top of the gift list and the plasma TV at the top of the wish list from last year's survey. Consumer interest in buying a portable MP3 player has increased eight points from 2004, to 28%. Revenues from sales of MP3 players are up 105% so far this year, according to CEA.
For the second year in a row, CEA also surveyed CEA|CNET Tech First Panel participants for the holiday study in order to determine the holiday gifting intentions of technology early adopters. The study was administered via the Internet to an online sample of CNET users who were screened as people who adopt consumer electronics products in the early to mid-product life cycle stages.
The CEA|CNET Tech First Panel sheds light on the thoughts, behaviors and desires of the first consumers to buy technology products. Their interests and behaviors are often precursors to future mass market trends. The MP3 player topped their list for gift-giving, as well.
Fifty-seven percent said they are likely to purchase an MP3 player this season to give as a gift. Other top early adopter gift-giving items included a digital camera, internal PC upgrade, video game system and home networking devices. Following the MP3 player, the full wish list for the randomly selected survey respondents included, in order of preference: plasma television, digital camera, laptop PC, big screen TV, desktop PC, video game system, high-definition television, DVD recorder and home theater speakers or system.
The gift-giving list included: portable MP3 player, digital camera, video game system, cordless phone, home DVD player, portable headset CD, game peripherals, DVD recorder, cellphone and laptop PC.
When adult consumers were asked what they wanted most, CE products followed peace, happiness and good health; conversely, when asked what their kids wanted most, respondents listed CE products first with video games leading the inventory.
WASHINGTON -- The
National Association of Manufacturers praised this week's announcement by the Office of the U.S. Trade Representative of a
formal request to China for more data on IP enforcement by the Chinese
government.
REDMOND, WA -- Data I/O Corp., a maker of manual and automated
device
programming systems, today announced third-quarter
net income of $127,000 on revenues of $6.6 million. For the quarter
ended Sept. 30, revenues were flat sequentially and incomes was up
140%.
Fourth quarter revenues are expected to increase significantly, the firm said.
Fourth quarter revenues are expected to increase significantly, the firm said.
JOHOR BAHARU, MALAYSIA -- Flextronics's new 1.3 million sq. ft.
manufacturing campus in the Port of Tanjung Pelepas free trade zone is
expected to be operational as scheduled by next April, according to a
news report today.
The EMS company will use the site for production and logistics. Some of the firm's suppliers will locate there as well.
When operational, the facilities will employ as many as 15,000 staff, including 1,000 engineers, the report said.
A Japanese electronics company, JST Manufacturing Co., will also site a 1 million sq. ft. plant on in PTP, the report said. The $100 million facility will be open by August.
The EMS company will use the site for production and logistics. Some of the firm's suppliers will locate there as well.
When operational, the facilities will employ as many as 15,000 staff, including 1,000 engineers, the report said.
A Japanese electronics company, JST Manufacturing Co., will also site a 1 million sq. ft. plant on in PTP, the report said. The $100 million facility will be open by August.
Austin, TX –Austin American Technology (AAT) appointed Technical Resources Corp. (TRC) to represent its cleaning equipment and technologies in Florida, the Caribbean and Costa Rica. TRC has sales and service offices in Tampa and Boca Raton, FL, as well as in San Juan, Puerto Rico.
Austin American Technology provides cleaning technology for industrial cleaning applications ranging from electronics manufacturing to specialized parts cleaning.
Austin American Technology provides cleaning technology for industrial cleaning applications ranging from electronics manufacturing to specialized parts cleaning.
GRAZ, AUSTRIA -- The global semiconductor market is expected to grow 6.6% on an annualized basis to $227 billion in 2005, according to fall forecast of the World Semiconductor Trade Statistics. Worldwide growth will accelerate to 8% in 2006 and 10.6% in 2007, with Asia-Pacific being the largest and fastest growing regional market, the trade group said.
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