Electronic Components Comprehensive Report Q4/2019
VIETNAM ELECTRONIC COMPONENTS INDUSTRY
The Electronic Components Industry is an supporting industry that provides details to assembly complete products, which plays an important role in the development of the Electronics industry. In 2018, the total value of components production value was estimated to rise by 7,1% compared to 2017 and was growing at an annual rate of 14.6% in the period of 2012 - 2018.
Domestic electronic components production was increasing, the consumption value of the electronic components industry in 2018 increased dramatically by 37,6% compared to the previous year due to the increasing demand of multinational electronics groups in Vietnam such as Samsung, LG, Nokia,.. However, due to the failure to meet the products required by FDI enterprises, Vietnamese enterprises are mainly packaging with simple plastic and metal parts, receiving the lowest value-added part, not able to receive high technology.
Of all the total export value in Q1/2019, 2 main items in the electronics industry which were phones and components, computers, electronic products and electronic components, contributed the most to the export turnover, accounting for 29.3% of the total export turnover.
In 2017, The Government issued Decision No. 68 / QD-TTg on the Supporting Industry Development Program from 2016 to 2025 in order to seriously implement the development of Vietnam's supporting industry as a premise for the development of manufacturing and processing industry. Vietnam's participation in many trade agreements in the coming time will help attract foreign investment strongly, especially for direct investment capital, technology transfer promotion, improving business management qualifications, increasing production and business efficiency.
The Electronic Components Industry is an supporting industry that provides details to assembly complete products, which plays an important role in the development of the Electronics industry. In 2018, the total value of components production value was estimated to rise by 7,1% compared to 2017 and was growing at an annual rate of 14.6% in the period of 2012 - 2018.
Domestic electronic components production was increasing, the consumption value of the electronic components industry in 2018 increased dramatically by 37,6% compared to the previous year due to the increasing demand of multinational electronics groups in Vietnam such as Samsung, LG, Nokia,.. However, due to the failure to meet the products required by FDI enterprises, Vietnamese enterprises are mainly packaging with simple plastic and metal parts, receiving the lowest value-added part, not able to receive high technology.
Of all the total export value in Q1/2019, 2 main items in the electronics industry which were phones and components, computers, electronic products and electronic components, contributed the most to the export turnover, accounting for 29.3% of the total export turnover.
In 2017, The Government issued Decision No. 68 / QD-TTg on the Supporting Industry Development Program from 2016 to 2025 in order to seriously implement the development of Vietnam's supporting industry as a premise for the development of manufacturing and processing industry. Vietnam's participation in many trade agreements in the coming time will help attract foreign investment strongly, especially for direct investment capital, technology transfer promotion, improving business management qualifications, increasing production and business efficiency.
Abbreviations
Executive summary
1. BUSINESS ENVIRONMENT
1.1 Macroeconomic situation
1.2 Legal framework
2. GLOBAL ELECTRONIC COMPONENTS MARKET
2.1 Definition and classification
2.2 Production process
2.3 Production network model in the industry
2.4 Manufacturing methods of electronic components
2.5 Production and Consumption
2.6 Imports and exports
2.7 Electronic components prices
2.8 Production and Consumption in key countries
2.9 Leading enterprises in the industry
3. VIETNAM ELECTRONIC COMPONENTS MARKET
3.1 History of formation and development
3.2 Industry of formation and developement
3.3 Production technology
3.4 Input materials
3.5 Production
3.6 Consumption
3.7 Import and export
3.8 Business activities analysis by location
4. INDUSTRY RISKS
5. PLANNING
6. PROSPECTS AND FORECASTS
6.1 Industry driving forces
6.2 Forecasts
7. ENTERPRISE ANALYSIS
7.1 Enterprise introduction
7.2 Enterprise analysis
8. APPENDIX OF FINANCIAL STATEMENT
Executive summary
1. BUSINESS ENVIRONMENT
1.1 Macroeconomic situation
1.2 Legal framework
2. GLOBAL ELECTRONIC COMPONENTS MARKET
2.1 Definition and classification
2.2 Production process
2.3 Production network model in the industry
2.4 Manufacturing methods of electronic components
2.5 Production and Consumption
2.6 Imports and exports
2.7 Electronic components prices
2.8 Production and Consumption in key countries
2.9 Leading enterprises in the industry
3. VIETNAM ELECTRONIC COMPONENTS MARKET
3.1 History of formation and development
3.2 Industry of formation and developement
3.3 Production technology
3.4 Input materials
3.5 Production
3.6 Consumption
3.7 Import and export
3.8 Business activities analysis by location
4. INDUSTRY RISKS
5. PLANNING
6. PROSPECTS AND FORECASTS
6.1 Industry driving forces
6.2 Forecasts
7. ENTERPRISE ANALYSIS
7.1 Enterprise introduction
7.2 Enterprise analysis
8. APPENDIX OF FINANCIAL STATEMENT
LIST OF TABLES
Table 1: Vietnam’s WTO commitments to cut import tariffs on electronic products
Table 3: Korea’s electronic components production and import-export value, 2015 – 2017e
Table 4: List of 10 major semiconductor providers with largest revenue worldwide, 2017-2018
Table 5: List of MNCs’ requirements for component providers
Table 6: Metal in electronic components
Table 7: Main electronic components production in Vietnam, 2010 – 9M/2019
Table 8: Some types of computers, electronic products and components production by region, 7M/2019
Table 9: List of FDI projects of the electronic components industry, 2014 – 9M/2019
Table 10: Some types of computers and electronic products consumption by region, 7M/2019
Table 11: Canon Vietnam’s demand for electronic component
Table 12: Intel’s demand for electronic components
Table 13: Top 10 phones and parts thereof exporting enterprises by value, September 2019
Table 14: Top 10 phones and parts thereof importing enterprises by value, September 2019
Table 15: Computers, electronic products and components thereof imports, 9M/2019
Table 16: List of electronics industry projects calling for foreign direct investment (FDI) in Hai Phong city, 2018 - 2025
Table 17: Minimum wage by region in Vietnam from 1/1/2019
Table 18: Business performance, 2018
Table 1: Vietnam’s WTO commitments to cut import tariffs on electronic products
Table 3: Korea’s electronic components production and import-export value, 2015 – 2017e
Table 4: List of 10 major semiconductor providers with largest revenue worldwide, 2017-2018
Table 5: List of MNCs’ requirements for component providers
Table 6: Metal in electronic components
Table 7: Main electronic components production in Vietnam, 2010 – 9M/2019
Table 8: Some types of computers, electronic products and components production by region, 7M/2019
Table 9: List of FDI projects of the electronic components industry, 2014 – 9M/2019
Table 10: Some types of computers and electronic products consumption by region, 7M/2019
Table 11: Canon Vietnam’s demand for electronic component
Table 12: Intel’s demand for electronic components
Table 13: Top 10 phones and parts thereof exporting enterprises by value, September 2019
Table 14: Top 10 phones and parts thereof importing enterprises by value, September 2019
Table 15: Computers, electronic products and components thereof imports, 9M/2019
Table 16: List of electronics industry projects calling for foreign direct investment (FDI) in Hai Phong city, 2018 - 2025
Table 17: Minimum wage by region in Vietnam from 1/1/2019
Table 18: Business performance, 2018
LIST OF FIGURES
Figure 1: GDP growth rate by quarter, 2016 - 2019
Figure 2: Production index of processing and manufacturing industry,
2012 - 9M/2019
Figure 3: VND/USD exchange rate, 1/2013 – 9/2019
Figure 4: Attracting FDI by sector, 9M/2019
Figure 5: Vietnam’s labor productivity, 2011 – 2018e
Figure 6: The proportion of import-export value of Electronics, Computers,
Phones of all kinds and Components, 2010 – 9M/2019
Figure 7: Total value of global electronic components production, 2010 – 2018e
Figure 8: Global electronics industry growth rate by region, 2016 – 2018e
Figure 9: Semiconductor market share, 2018e
Figure 10: Global semiconductor market revenue, 2012 - 2019f
Figure 11: Semiconductor revenue by product, 2018e
Figure 12: Growth %
Figure 13: Global tablet sales, Q1/2016 - Q3/2019
Figure 14: Tablet vendor market share worldwide,
9M/2018 – 9M/2019
Figure 15: Global PC sales, 9M/2018 – 9M/2019
Figure 16: PC vendor market share worldwide, 9M/2019
Figure 17: Global smartphone sales, 9M/2018 – 9M/2019
Figure 18: Smartphone vendor market share worldwide,
9M/2018 - 9M/2019
Figure 19: Key HS imports market share, 2012 - 2018
Figure 20: Global electronic components import value, 2012 - 2018e
Figure 21: Electronic components import market by value, 2018
Figure 22: Electronic components price index, 1/2013 - 9/2019
Figure 23: Average price of sensors and DRAM over the years,
2011 - 2018e
Figure 24: Semiconductor sales in major producers of the world, 2016 – 2020f
Figure 25: Japan’s electronic components production value, 2010 - 2018
Figure 26: Japan’s device manufacturing in electronics and information technology, 2018e
Figure 27: Japan’s electronic components import – export,
2010-2018
Figure 28: Japan’s integrated circuit in total electronic components import-export, 2010-2018
Figure 29: China’s electronics industry revenue,
2012-2018
Figure 30: China’s semiconductor market size, 2010-2018
Figure 31: China’s integrated circuit production, 2010 - 2018
Figure 32: DRAM revenue share, 2016 - 2018
Figure 33: The localization rate of Japanese electronics businesses in some countries, 2015
Figure 34: The origin of machines and technology used in Vietnam’s component and spare part industry, 2016
Figure 35: Applying modern management standards and tools in manufacturing components and spare parts in Vietnam, 2016
Figure 36: Prices of input materials (aluminum, copper, iron) for electronic components, 7/2012-9/2019
Figure 37: Prices of input materials (gold, silver, palladium) for electronic components, 7/2012-9/2019
Figure 38: Electronic components industry production value,
2011 – 2018e
Figure 39: Electronic components production by type, 2018e
Figure 40: Industrial production index of electronic components industry by month, 2018 - 2019 (2015 as base year)
Figure 41: Mobile phone production by month, 2018 - 2019
Figure 42: Vietnam’s phone production by region, 9M/2019
Figure 43: The number of enterprises and labors in the electronic components industry, 2010 - 2017
Figure 44: Categorized electronic components enterprises by region, 2016 - 2017
Figure 45: Total fixed assets and average long-term investments,
2010 - 2017
Figure 46: Electronic components enterprises’ net revenue and
profit before tax, 2010 - 2017
Figure 47: Electronic components consumption value, 2012 - 2018
Figure 48: Vietnam’s percentage of smartphone usage by region, 2017
Figure 49: Vietnam’s phone and parts thereof exports by month, 2018-2019
Figure 50: Phone and parts thereof export market, 9M/2019
Figure 51: Vietnam’s mobile phone and parts thereof export, 9M/2019
Figure 53: Mobile phone export market, 9M/2019
Figure 54: Phones and parts thereof import value, 2010 – 9M/2019e
Figure 55: Phones and parts thereof supplying market for Vietnam, 9M/2019
Figure 56: Vietnam’s computers, electronic products and components thereof import value, 2010 – 9M/2019
Figure 57: Computers, electronic products and components thereof imports by group of enterprises in Vietnam, 9M/2019
Figure 58: Top 10 Vietnam’s computers, electronic products and components thereof export market, 9M/2019
Figure 59: Top 10 exported products with the highest FDI rate, 9M/2019
Figure 60: Computers, electronic products and components thereof import value, 2011 - 9M/2019
Figure 61: Computers, electronic products and components thereof imports by group of enterprises in Vietnam, 9M/2019
Figure 62: Top 10 computers, electronic products and components thereof supplying market for Vietnam, 9M/2019
Figure 63: The number of consumed smart phones and functional phones,
2013-2019f
Figure 64: Sales of domestic electronic technology products, 9M/2019
Figure 65: Revenue and growth of electronics market in Vietnam, Q3/2014 – Q2/2019
Figure 66: Net revenues from sales and services rendered, 2017 - 2018
Figure 67: Revenue of Samsung Bac Ninh and Sam Sung Thai Nguyen,
2011 - 2018
Figure 68: Gross profit and gross profit ratio, 2017 - 2018
Figure 69: G&A expenses and selling expenses, 2018
Figure 70: Asset structure, 2018
Figure 71: Capital structure, 2018
Figure 72: Liquidity, 2018
Figure 73: Asset efficiency ratio, 2018
Figure 1: GDP growth rate by quarter, 2016 - 2019
Figure 2: Production index of processing and manufacturing industry,
2012 - 9M/2019
Figure 3: VND/USD exchange rate, 1/2013 – 9/2019
Figure 4: Attracting FDI by sector, 9M/2019
Figure 5: Vietnam’s labor productivity, 2011 – 2018e
Figure 6: The proportion of import-export value of Electronics, Computers,
Phones of all kinds and Components, 2010 – 9M/2019
Figure 7: Total value of global electronic components production, 2010 – 2018e
Figure 8: Global electronics industry growth rate by region, 2016 – 2018e
Figure 9: Semiconductor market share, 2018e
Figure 10: Global semiconductor market revenue, 2012 - 2019f
Figure 11: Semiconductor revenue by product, 2018e
Figure 12: Growth %
Figure 13: Global tablet sales, Q1/2016 - Q3/2019
Figure 14: Tablet vendor market share worldwide,
9M/2018 – 9M/2019
Figure 15: Global PC sales, 9M/2018 – 9M/2019
Figure 16: PC vendor market share worldwide, 9M/2019
Figure 17: Global smartphone sales, 9M/2018 – 9M/2019
Figure 18: Smartphone vendor market share worldwide,
9M/2018 - 9M/2019
Figure 19: Key HS imports market share, 2012 - 2018
Figure 20: Global electronic components import value, 2012 - 2018e
Figure 21: Electronic components import market by value, 2018
Figure 22: Electronic components price index, 1/2013 - 9/2019
Figure 23: Average price of sensors and DRAM over the years,
2011 - 2018e
Figure 24: Semiconductor sales in major producers of the world, 2016 – 2020f
Figure 25: Japan’s electronic components production value, 2010 - 2018
Figure 26: Japan’s device manufacturing in electronics and information technology, 2018e
Figure 27: Japan’s electronic components import – export,
2010-2018
Figure 28: Japan’s integrated circuit in total electronic components import-export, 2010-2018
Figure 29: China’s electronics industry revenue,
2012-2018
Figure 30: China’s semiconductor market size, 2010-2018
Figure 31: China’s integrated circuit production, 2010 - 2018
Figure 32: DRAM revenue share, 2016 - 2018
Figure 33: The localization rate of Japanese electronics businesses in some countries, 2015
Figure 34: The origin of machines and technology used in Vietnam’s component and spare part industry, 2016
Figure 35: Applying modern management standards and tools in manufacturing components and spare parts in Vietnam, 2016
Figure 36: Prices of input materials (aluminum, copper, iron) for electronic components, 7/2012-9/2019
Figure 37: Prices of input materials (gold, silver, palladium) for electronic components, 7/2012-9/2019
Figure 38: Electronic components industry production value,
2011 – 2018e
Figure 39: Electronic components production by type, 2018e
Figure 40: Industrial production index of electronic components industry by month, 2018 - 2019 (2015 as base year)
Figure 41: Mobile phone production by month, 2018 - 2019
Figure 42: Vietnam’s phone production by region, 9M/2019
Figure 43: The number of enterprises and labors in the electronic components industry, 2010 - 2017
Figure 44: Categorized electronic components enterprises by region, 2016 - 2017
Figure 45: Total fixed assets and average long-term investments,
2010 - 2017
Figure 46: Electronic components enterprises’ net revenue and
profit before tax, 2010 - 2017
Figure 47: Electronic components consumption value, 2012 - 2018
Figure 48: Vietnam’s percentage of smartphone usage by region, 2017
Figure 49: Vietnam’s phone and parts thereof exports by month, 2018-2019
Figure 50: Phone and parts thereof export market, 9M/2019
Figure 51: Vietnam’s mobile phone and parts thereof export, 9M/2019
Figure 53: Mobile phone export market, 9M/2019
Figure 54: Phones and parts thereof import value, 2010 – 9M/2019e
Figure 55: Phones and parts thereof supplying market for Vietnam, 9M/2019
Figure 56: Vietnam’s computers, electronic products and components thereof import value, 2010 – 9M/2019
Figure 57: Computers, electronic products and components thereof imports by group of enterprises in Vietnam, 9M/2019
Figure 58: Top 10 Vietnam’s computers, electronic products and components thereof export market, 9M/2019
Figure 59: Top 10 exported products with the highest FDI rate, 9M/2019
Figure 60: Computers, electronic products and components thereof import value, 2011 - 9M/2019
Figure 61: Computers, electronic products and components thereof imports by group of enterprises in Vietnam, 9M/2019
Figure 62: Top 10 computers, electronic products and components thereof supplying market for Vietnam, 9M/2019
Figure 63: The number of consumed smart phones and functional phones,
2013-2019f
Figure 64: Sales of domestic electronic technology products, 9M/2019
Figure 65: Revenue and growth of electronics market in Vietnam, Q3/2014 – Q2/2019
Figure 66: Net revenues from sales and services rendered, 2017 - 2018
Figure 67: Revenue of Samsung Bac Ninh and Sam Sung Thai Nguyen,
2011 - 2018
Figure 68: Gross profit and gross profit ratio, 2017 - 2018
Figure 69: G&A expenses and selling expenses, 2018
Figure 70: Asset structure, 2018
Figure 71: Capital structure, 2018
Figure 72: Liquidity, 2018
Figure 73: Asset efficiency ratio, 2018
