The 28th electronica kicked off at the New Munich Fair Center in November. According to the show organizer, it was the largest of its kind with more than 3,100 exhibitors from 50 countries and regions. Held over 180,000 square-meters, the show drew a vast crowd of around 80,000 trade visitors from across the world.
Taiwan was the second largest foreign contingent at the event following Mainland China. Some 320 Taiwanese enterprises took part in the show. Among them, around 50 major companies joined the Taiwan Pavilion co-organized by the Bureau of Foreign Trade, Ministry of Economic Affairs (MOEA) and the Taiwan External Trade Development Council (TAITRA), including publicly-listed firms such as LITE-ON Technology, Apex Science & Engineering, Copartner Tech., GEM Terminal Ind., C.C.P Contact Probes, Wanshih Electronics, and Argosy Research.
With a focus on new smart applications, LITE-ON Technology showcased a comprehensive optoelectronic product solution for smart homes and home appliances, automotive, mobile devices, security surveillance, power management and more. The company drew much attention from new visitors during the show, and is enthusiastic about offering suitable solutions for potential buyers in near future.
Argosy Research, a new show exhibitor, presented the latest products such as waterproof connectors, high-frequency and high-speed connectors, power supply and a signal transmission line series. The company received positive feedback from potential buyers, and were pleased with the quality and diversity of the event attendees.
The electronics industry is the second largest industry in Germany, second only to the machinery manufacturing industry. In 2017, it grew by 7.3%, pertaining to a market size of €191.5 billion, accounting for 11% of the German manufacturing industry and 3% of the GDP. According to ZVEI, the German electronics industry's exports in 2017 increased by 9.6% to reach €199.5 billion, and constituted the fourth consecutive year of record-high growth. The major growth driver of the German electronics industry derives from orders coming in from outside the euro zone. ZVEI anticipates 3% growth in the German electronics industry in 2018.