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Consumer Electronics Exports
Consumer electronics are products used in a domestic or personal context, in contrast to items used for business, industrial, or professional recording purposes. These can include televisions, VHS and DVD players, audio equipment, mobile telephones and pagers, and computers and related devices. Aligned with India largest Consumer Electronics buying group, Cnesbau-export is able to access large quantities of stock from India manufacturers, wholesalers and distributors large and small - at the most competitive prices in the world. Low-priced Chinese apparel and home appliances already are starting to dominate their U.S. retail segments. The addition of Chinese consumer electronics will spark another scramble among retailers to secure contracts with Chinese suppliers. But as with apparel and appliances, there won't be enough product to go around at first—some store chains selling electronics will lose their competitive edge. |
Product convergence History
While consumer electronics continues in its trend of convergence, combining elements of many consumer electronic items, the consumer faces different decisions when purchasing their items. There is an ever increasing need to keep the product information updated and most comparable, for the consumer to be able to make an informed buying decision. The variables are becoming more about 'style and price' rather than 'specification and performance'. This convergence of technologies promises a shrinking of choice of retailer to the consumer and the rise of manufacturer status within the home. There is a gradual shift towards e-commerce web-storefronts. Many consumer electronics have planned obsolescence, resulting in E-waste. It is estimated that during 2003 the US alone generated over 2.8 million tons of electronic waste. |
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Less than 10% of that amount was recovered. Standby power used by consumer electronics and appliance while they are turned off accounts for 5 to 10% of household energy consumption, adding an estimated $3 billion to annual energy costs in the USA. "In the average home, 75% of the electricity used to power home electronics is consumed while the products are turned off.
Export of Electronics Hardware During 2007-09
Export of Electronics goods and components from India during the year 2007-08 registered a growth of 6 percent ( percent in 13 US$ terms) over the year 2006-07. In value terms, export of electronics goods during the year 2007-08 is estimated to be Rs. 13200 crore (US$ 3279 million) up from Rs. 12500 crore (US$ 2890 million) estimated in the year 2006-07. During the year 2007-08 export of Electronic Instruments registered the highest growth of 29.50 percent (39.12 percent in US$ terms) followed by Consumer Electronics, registering a growth of 6.67 percent (14.59 percent in US$ terms).
In value terms, export of electronic components increased from Rs. 3000 crore (US$ 694 million ) estimated in the year 2006-07 to Rs. 3885 crore (US$ 965 million) in the year 2007-08. Export of Consumer Electronics increased from Rs. 1500 crore ( US$ 347 million) estimated in 2006-07 to Rs. 1600 crore ( US$ 397 million) in the year 2007-08. Export of Computer Hardware registered a decline of 34 percent (29 percent in US$ terms) in the year 2007-08.
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