HONG KONG, Jan. 13 /PRNewswire-FirstCall/ -- Global Sources Ltd.
(Nasdaq: GSOL) today released its latest Global Sources Market Intelligence
Report -- Connectors: Supplier Capability in China. The report profiles over a
hundred suppliers and cites that more than two-thirds of connectors being
produced in mainland China are designed for use in consumer electronics,
communications and computer industries -- a segment that was expected to grow
26 percent in 2003. Demand from the computer and consumer electronics markets
in particular is forecast to drive double-digit growth in the mainland China
connector market during 2004.
Commenting on the report, Mark A. Saunderson, publisher of Asian Sources
Electronic Components magazine said, "Growth in the consumer electronics,
communications and computer industries led to a 28 percent increase in exports
of China-made connectors in 2003. Our research shows that international
markets remain important to mainland connector manufacturers. Thirty three
percent of the companies covered in the report exported the majority of their
output to the U.S. while 29 percent identified Europe as their primary
market."
The findings of the Market Intelligence Report indicate that mainland
China is moving towards a more dominant position in the global connector
supply market.
"According to the China Electro Connector Association (CECA), sales of
China-made consumer electronics connectors alone reached US$1.8 billion in
2003, securing mainland China's position as the world's leading producer of
consumer electronics connectors," continued Mr. Saunderson. "Total sales of
connectors are valued at US$3.46 billion, representing 12 percent of the
global market, and by 2004 CECA expects that mainland China will manufacture
17 percent of the world's connectors. It is fast becoming the primary market
for volume buyers of these components."
The 125-page report helps component buyers make informed purchasing
decisions. It provides them with key information on 122 connector exporters
located in mainland China's main electronics manufacturing hubs of Guangdong,
Zhejiang, Jiangsu, Shaanxi, Sichuan and Hubei. The report presents 50 in-
depth supplier profiles, compiled through interviews and on-site visits by
Global Sources' editorial team, and details the suppliers' background, main
export products and manufacturing capabilities. In addition, Connectors:
Supplier Capability in China presents connector supply trends, and technology
developments and also tracks the continuing migration of foreign connector
manufacturing operations into mainland China.
"Global Sources is committed to continually providing buyers with market
information at a time and in a format that assists them in their sourcing
activities," concludes Mr. Saunderson. "Connectors: Supplier Capability in
China is the latest tool to help buyers acquire a deeper level of
understanding and insight into a robust industry segment in mainland China,
and compliments our total solution offering of monthly trade magazines, online
marketplaces and trade shows."
The Connectors: Supplier Capability in China market intelligence report is
available for US$395 and can be ordered online at:
http://www.globalsources.com/SITE/CONNECTORS/CONNECTORS.HTM
For more details on the report, please email service@globalsources.com.
About Global Sources
Global Sources creates and facilitates global trade between buyers and
suppliers, by providing the right information, at the right time, in the right
format. Our integrated sourcing and marketing solutions enable importers to
buy, and exporters to sell, more effectively and profitably.
We aggregate and format industry-specific supplier and product
information, and deliver this content to our buyer community worldwide through
our leading network of 12 vertical marketplaces and 13 geographic portals, and
through magazines, CD-ROMs, and private catalogs, as well as China Sourcing
Fairs and technical events. Our flagship marketplace, Global Sources Online
(http://www.globalsources.com), hosts more marketing and sourcing activity than any
other global merchandise trade marketplace.
We serve a growing, independently certified community of over 398,000
active buyers in over 230 countries and territories. These buyers generate
more than 3.6 million inquiries annually for nearly 140,000 suppliers through
Global Sources Online alone. We offer extensive supplier enablement
capabilities in Greater China and other leading supply markets through 63
content management offices and 700 sales representatives, who make
approximately 40,000 supplier visits monthly. In mainland China, we have 22
years on-the-ground presence, supported by 900 team members in 43 locations
throughout the country.
Global Sources' solutions are based on 33 years as a trade magazine
publisher serving the global trade community, 13 years as a trade management
software developer, 12 years as manager of trade shows in Asia, and 8 years as
an online marketplace operator.
CONTACT:
Global Sources Contact in U.S.
James W.W. Strachan
Tel: +1-602-978-7504
Fax: +1-602-978-7512
strachan@globalsources.com
Global Sources Contact in Asia
Camellia So
Tel: +852-2555-5044
Fax: +852-2518-8764
cso@globalsources.com
Global Sources Investor Contact:
John Heilshorn /David K. Waldman
Lippert/Heilshorn & Associates, Inc.
Tel: +1-212-838-3777
Fax: +1-212-838-4568
dwaldman@lhai.com
SOURCE Global Sources Ltd.
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Related links:
http://www.globalsources.com
CONTACT:
In U.S., James W.W. Strachan,
+1-602-978-7504, or fax, +1-602-978-7512, or
strachan@globalsources.com, or in Asia, Camellia So,
+852-2555-5044, or fax, +852-2518-8764, or cso@globalsources.com,
both of Global Sources Ltd.; or investors, John Heilshorn or
David K. Waldman, dwaldman@lhai.com of Lippert/Heilshorn &
Associates, Inc., +1-212-838-3777, or fax, +1-212-838-4568, for
Global Sources
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