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Electronics Industry Update: Key Developments and Trends in Asia

Strategic Insights

— 2 min read

Asia Pulse, a real-time, Asia-based wire, has provided an executive briefing on the electronics industry, highlighting key developments and trends in the region. The report, dated March 22, 2011, covers various sectors including aviation, consumer electronics, and manufacturing.

State-run SriLankan Airlines has partnered with SIM Industries to offer flight simulator services on Airbus A320 aircraft to the growing Indian subcontinent market. This strategic move aims to capitalize on the demand for mid-range aircraft in the region. Apple Korea is facing a lawsuit over iPhone repair fees, with a South Korean consumer seeking a refund of 290,000 won (US$259) for a refurbished product. The Japan disaster may impact the construction of South Korean LCD plants in China, as many components are sourced from Japan.

South Korea plans to invest in six future growth industries, including transparent flexible displays, compact nuclear reactors, and other cutting-edge technologies. The government and private companies will invest 1.5 trillion won (US$1.33 billion) over five to seven years. The Japanese earthquake has led to a decrease in LCD prices, with market data showing a drop of $4-14 from the beginning of the year.

Key Takeaways:

  • SriLankan Airlines has partnered with SIM Industries to offer flight simulator services on Airbus A320 aircraft to the Indian subcontinent market.
  • Apple Korea is facing a lawsuit over iPhone repair fees, with a South Korean consumer seeking a refund of 290,000 won (US$259).
  • The Japan disaster may delay the construction of South Korean LCD plants in China due to a shortage of LCD panel parts.
  • South Korea plans to invest in six future growth industries, including transparent flexible displays and compact nuclear reactors.
  • The government and private companies will invest 1.5 trillion won (US$1.33 billion) in these technologies over five to seven years.
  • LCD prices have fallen since the Japanese earthquake, despite market forecasts predicting an increase due to undersupply.

Statistics:

  • 290,000 won (US$259) - the repair cost of the iPhone 4 claimed by a South Korean consumer
  • 1.5 trillion won (US$1.33 billion) - the investment planned by the government and private companies in South Korea's future growth industries
  • $4-14 - the drop in LCD prices from the beginning of the year
  • 46-inch and 40/42-inch TVs - the display sizes for which LCD panel prices are mentioned
  • US$330 and US$234 - the prices of LCD panels for 46-inch and 40/42-inch TVs, respectively, as of Saturday

Sources:

  • Asia Pulse, Executive Briefing, March 22, 2011
  • DisplaySearch, market research firm
  • Korea Investment & Securities, analyst Yun Hang-jin
  • Ministry of Knowledge Economy, South Korea
  • Asia Pulse Pte Ltd.

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