Regional
Russian market continues to grow
A new report
suggests the
Russian market
R
ussia has been looked upon as an government’s initiative to encourage LCD
continues to
unfavourable market for manufacturing has resulted in the lowering of
electronics manufacturing by import duties on components used in LCD
grow and is
foreign electronics manufacturers products. Such moves are expected to attract
slowly moving
in the past. This negative perception has been in many key LCD manufacturers as well as their
spite of the country’s cost-competitive electronic manufacturing services (EMS) partners
away from the advantages as well as its growing domestic to Russia.
negative
market. However, liberalisation coupled with However, the global economic slowdown is
heightened demand from key end-user a key factor restraining the entry of foreign
impressions segments such as consumer electronics is aiding investors into Russia. Many multinational OEMs
that have
the growth of the electronics manufacturing as well as EMS companies have postponed or
market in Russia. shelved plans to enter Russia amidst the current
plagued the New analysis from Frost & Sullivan Russian economic crisis.
country’s
Electronics Manufacturing Markets, finds that “The global economic slowdown will
54
the market earned revenues of $1.85 billion in continue to have an impact on foreign
electronics’ 2008 and estimates this to reach $4.91 billion in investments in electronics manufacturing,”
www
industry
2015. The following segments are covered in cautions Natesan. “Many multinational
.eur the research: original equipment manufacturing, companies have deferred plans of a proposed
oasiasemiconductor
electronics manufacturing, electronics entry amidst the recessionary scenario.”
manufacturing services, PTH and original design Despite the current gloom, the market
manufacturing. remains optimistic. In the last few years, foreign
“The lowering of import duties on liquid manufacturers have increasingly penetrated
crystal display (LCD) components will positively Russia due to the liberal economic and fiscal
impact market prospects,” notes Frost & policies introduced by the government as well
.com
Sullivan Research Analyst Harish Natesan. “The as the increasing demand in major segments
increasing demand for flat panel display (FPD) such as automotive and consumer electronics.
products will be another key factor influencing
square4
Issue IV 2009
the growth of the Russian electronics
manufacturing market.”
The demand for FPD products such as
televisions and monitors has been rising rapidly
over the past few years, especially due
to the downward price trends of
these products. The Russian
Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56