Electronics Production | February 18, 2005
Fastest growth for automotive electronics in China
According to research firm Research and Markets, China is the fastest growing market for OEM automotive electronics with a forecast to reach $3.5 billion by 2012.
The electronics in cars is getting more and more advanced including memory seats, night vision etc. In the average car today, the electronic content is worth about $300. In 2012 that number is forecast to reach about $500. Research and Markets´s report was refered by Circuitsassembly.com.