Electronic Components Standard Report Q2/2019
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. INDUSTRY OVERVIEW
2.1. Global market
2.1.1. Definition and classification
2.1.2. The process of manufacturing electronic components
2.1.3. Network model of production in the electronics industry
2.1.4. Methods of producing electronic components
2.1.5. Production and consumption
2.2. Vietnam market
2.2.1. History of industry establishment and development
2.2.2. Value chains in electronics industry
2.2.3. Production
2.2.4. Consumption
2.2.5. Import and export
2.3. Industry development planning
2.4. Industry Outlook
3. ENTERPRISE ANALYSIS
3.1. Introduction of enterprises
3.2. Financial analysis
EXECUTIVE SUMMARY
1. BUSINESS ENVIRONMENT
1.1. Macroeconomic situation
1.2. Legal framework
2. INDUSTRY OVERVIEW
2.1. Global market
2.1.1. Definition and classification
2.1.2. The process of manufacturing electronic components
2.1.3. Network model of production in the electronics industry
2.1.4. Methods of producing electronic components
2.1.5. Production and consumption
2.2. Vietnam market
2.2.1. History of industry establishment and development
2.2.2. Value chains in electronics industry
2.2.3. Production
2.2.4. Consumption
2.2.5. Import and export
2.3. Industry development planning
2.4. Industry Outlook
3. ENTERPRISE ANALYSIS
3.1. Introduction of enterprises
3.2. Financial analysis
LIST OF TABLES
Table 1: Major FDI projects in electronics industry of Vietnam
Table 2: Requirements of multinational corporations for components vendors
Table 3: Production of major electronic components products in Vietnam, 2010 - 3M/2019
Table 4: Production output of several types of computers, electronic products and regional components, 3M/2019
Table 5: Some FDI projects invested in electronic components industry, 2014 – 3M/2019
Table 6: Sales volume of some types of computers, electronic products and regional components, 2M/2019
Table 7: Demand for electronic components of Canon Vietnam
Table 8: Demand for electronic components of Intel
Table 9: Top 15 enterprises exporting all kinds of phones and components with the largest turnover, Q1/2019
Table 10: Top 10 enterprises importing the largest phones and accessories with the largest turnover, Q1/2019
Table 11: Computers, electronic products and imported components, Q1/2019
Table 12: List of a project of Electronic Industry calling for foreign direct investment (FDI) in Hai Phong city in the period of 2018 - 2025
Table 13: Minimum wage by region in Vietnam from January 1, 2019
Table 14: Performance evaluation indicators, 2018
Table 1: Major FDI projects in electronics industry of Vietnam
Table 2: Requirements of multinational corporations for components vendors
Table 3: Production of major electronic components products in Vietnam, 2010 - 3M/2019
Table 4: Production output of several types of computers, electronic products and regional components, 3M/2019
Table 5: Some FDI projects invested in electronic components industry, 2014 – 3M/2019
Table 6: Sales volume of some types of computers, electronic products and regional components, 2M/2019
Table 7: Demand for electronic components of Canon Vietnam
Table 8: Demand for electronic components of Intel
Table 9: Top 15 enterprises exporting all kinds of phones and components with the largest turnover, Q1/2019
Table 10: Top 10 enterprises importing the largest phones and accessories with the largest turnover, Q1/2019
Table 11: Computers, electronic products and imported components, Q1/2019
Table 12: List of a project of Electronic Industry calling for foreign direct investment (FDI) in Hai Phong city in the period of 2018 - 2025
Table 13: Minimum wage by region in Vietnam from January 1, 2019
Table 14: Performance evaluation indicators, 2018
LIST OF FIGURES
Figure 1: GDP growth rate by quarter, 2016 – 2019
Figure 2: Production value of electronics industry, 2010-2018e
Figure 3: VND/USD exchange rates, 1/2013 – 3/2019
Figure 4: Interest rates, 2012 – 2018
Figure 5: Labor productivity in Vietnam, 2011-2018e
Figure 6: Total population and population structure in working age from 2010 to 2018
Figure 7: Most exported goods, Q1/2019
Figure 8: The proportion of import-export value of electronics, computers, phones and components, 2010 – Q1/2019
Figure 9: Most imported goods, Q1/2019
Figure 10: Foreign direct investment, 2016 - 2019
Figure 11: Attracting FDI by sector, Q1/2019
Figure 12: Total value of manufacturing global electronic components,2010 – 2018e
Figure 13: Global production structure of electronics and information technology by type, 2018e
Figure 14: Growth rate of the global electronics industry by region, 2016 - 2018e
Figure 15: Market share of semiconductor devices, 2018e
Figure 16: Global semiconductor market revenue, 2012 - 2019f
Figure 17: Revenue of semiconductor equipment by each product type, 2018e
Figure 18: World tablet sales, Q1/2016-Q1/2019
Figure 19: Market share of world tablet, Q1/2018-Q1/2019
Figure 20: World personal computer sales, 3M/2018-3M/2019
Figure 21: Market share of personal computer manufacturers, 3M/2019
Figure 22: World smartphone sales in the first 3 months of the year, 2018-2019
Figure 23: Market share of global smartphone manufacturers, 3M/2018 – 3M/2019
Figure 24: Localization rate of Japanese electronics enterprises in some countries, 2015
Figure 25: Global value chain of Samsung and Vietnam
Figure 26: Production value of electronic components industry, 2011 - 2018e
Figure 27: Electronic components production structure by type, 2018e
Figure 28: Industrial production index of electronic components industry by month,2017 - 2018 (Calculated by original in 2015)
Figure 29: Supply structure of electronic components 2015
Figure 30: Mobile phone production over the months, 2018-2019
Figure 31: The structure of Vietnam's telephone production by region, 3M/2019
Figure 32: Number of enterprises and workers in the Electronic Components industry, 2010 - 2017
Figure 33: Classification of electronic components enterprises by region, 2016 - 2017
Figure 34: Total fixed assets and average long-term investments,2010 - 2017
Figure 35: Net revenue and profit before tax of enterprises of Electronic Components Industry, 2010 - 2017
Figure 36: Consumption value of electronic components, 2012 - 2018e
Figure 37: The rate of smartphone use in Vietnam by region, 2017
Figure 38: Exporting Vietnamese phones and accessories over the years of 2018-2019
Figure 39: Market structure of phones and export components, Q1/2019
Figure 40: Whole cell phone and export phone parts of Vietnam, Q1/2019
Figure 41: Market share of telephone companies in the European market, Q1/2019
Figure 42: Import turnover of phones and phone components, 2010 – 2018e
phone components for Vietnam, Q1/2019
Figure 43: Market structure provides phones and phone components for Vietnam, Q1/2019
Figure 44: Export turnover of computers, electronic products and components of Vietnam, 2010 - Q1/2019
Figure 45: Export structure of computers, electronic products and components according to Vietnamese enterprises, Q1/2019
Figure 46: Top 10 export markets for computers, electronic products and components of Vietnam,Q1/2019
Figure 47: Top 10 export items with the highest ratio of FDI, 3M/2019
Figure 48: Import turnover of computers, electronic products and
components, 2011 - Q1/2019
Figure 49: Import structure of computers, electronic products and components according to Vietnamese enterprises, Q1/2019
Figure 50: Top 10 markets providing Vietnamese computers, electronic products and components, 3T/2019
Figure 51: Number of smart phones and function phones, 2013-2019e
Figure 52: Revenue of domestic electronics technology groups, 3M/2019
Figure 53: Revenue and growth of Vietnam electronics market, Q3/2014 - Q1/2019
Figure 54: Net revenue from sales and services, 2017-2018
Figure 55: Sales of Samsung Bac Ninh and Samsung Thai Nguyen, 2011 - 2018
Figure 56: Gross profit and gross profit margin of enterprises, 2017-2018
Figure 57: Selling expenses and administrative expenses, 2018
Figure 58: Asset structure, 2018
Figure 59: Capital structure, 2018
Figure 60: Solvency, 2018
Figure 61: Efficiency of asset using, 2018
Figure 1: GDP growth rate by quarter, 2016 – 2019
Figure 2: Production value of electronics industry, 2010-2018e
Figure 3: VND/USD exchange rates, 1/2013 – 3/2019
Figure 4: Interest rates, 2012 – 2018
Figure 5: Labor productivity in Vietnam, 2011-2018e
Figure 6: Total population and population structure in working age from 2010 to 2018
Figure 7: Most exported goods, Q1/2019
Figure 8: The proportion of import-export value of electronics, computers, phones and components, 2010 – Q1/2019
Figure 9: Most imported goods, Q1/2019
Figure 10: Foreign direct investment, 2016 - 2019
Figure 11: Attracting FDI by sector, Q1/2019
Figure 12: Total value of manufacturing global electronic components,2010 – 2018e
Figure 13: Global production structure of electronics and information technology by type, 2018e
Figure 14: Growth rate of the global electronics industry by region, 2016 - 2018e
Figure 15: Market share of semiconductor devices, 2018e
Figure 16: Global semiconductor market revenue, 2012 - 2019f
Figure 17: Revenue of semiconductor equipment by each product type, 2018e
Figure 18: World tablet sales, Q1/2016-Q1/2019
Figure 19: Market share of world tablet, Q1/2018-Q1/2019
Figure 20: World personal computer sales, 3M/2018-3M/2019
Figure 21: Market share of personal computer manufacturers, 3M/2019
Figure 22: World smartphone sales in the first 3 months of the year, 2018-2019
Figure 23: Market share of global smartphone manufacturers, 3M/2018 – 3M/2019
Figure 24: Localization rate of Japanese electronics enterprises in some countries, 2015
Figure 25: Global value chain of Samsung and Vietnam
Figure 26: Production value of electronic components industry, 2011 - 2018e
Figure 27: Electronic components production structure by type, 2018e
Figure 28: Industrial production index of electronic components industry by month,2017 - 2018 (Calculated by original in 2015)
Figure 29: Supply structure of electronic components 2015
Figure 30: Mobile phone production over the months, 2018-2019
Figure 31: The structure of Vietnam's telephone production by region, 3M/2019
Figure 32: Number of enterprises and workers in the Electronic Components industry, 2010 - 2017
Figure 33: Classification of electronic components enterprises by region, 2016 - 2017
Figure 34: Total fixed assets and average long-term investments,2010 - 2017
Figure 35: Net revenue and profit before tax of enterprises of Electronic Components Industry, 2010 - 2017
Figure 36: Consumption value of electronic components, 2012 - 2018e
Figure 37: The rate of smartphone use in Vietnam by region, 2017
Figure 38: Exporting Vietnamese phones and accessories over the years of 2018-2019
Figure 39: Market structure of phones and export components, Q1/2019
Figure 40: Whole cell phone and export phone parts of Vietnam, Q1/2019
Figure 41: Market share of telephone companies in the European market, Q1/2019
Figure 42: Import turnover of phones and phone components, 2010 – 2018e
phone components for Vietnam, Q1/2019
Figure 43: Market structure provides phones and phone components for Vietnam, Q1/2019
Figure 44: Export turnover of computers, electronic products and components of Vietnam, 2010 - Q1/2019
Figure 45: Export structure of computers, electronic products and components according to Vietnamese enterprises, Q1/2019
Figure 46: Top 10 export markets for computers, electronic products and components of Vietnam,Q1/2019
Figure 47: Top 10 export items with the highest ratio of FDI, 3M/2019
Figure 48: Import turnover of computers, electronic products and
components, 2011 - Q1/2019
Figure 49: Import structure of computers, electronic products and components according to Vietnamese enterprises, Q1/2019
Figure 50: Top 10 markets providing Vietnamese computers, electronic products and components, 3T/2019
Figure 51: Number of smart phones and function phones, 2013-2019e
Figure 52: Revenue of domestic electronics technology groups, 3M/2019
Figure 53: Revenue and growth of Vietnam electronics market, Q3/2014 - Q1/2019
Figure 54: Net revenue from sales and services, 2017-2018
Figure 55: Sales of Samsung Bac Ninh and Samsung Thai Nguyen, 2011 - 2018
Figure 56: Gross profit and gross profit margin of enterprises, 2017-2018
Figure 57: Selling expenses and administrative expenses, 2018
Figure 58: Asset structure, 2018
Figure 59: Capital structure, 2018
Figure 60: Solvency, 2018
Figure 61: Efficiency of asset using, 2018
