Electronics Industry
They manufacture products such as advanced telephones, COMPUTER SYSTEMS and related accessories, televisions and home entertainment equipment, communications SATELLITES and other TELECOMMUNICATIONS systems, and electronic control and monitoring devices used in many industrial and scientific applications.
The Canadian electronics industry was valued at about $15 billion annually as of 1993, accounting for 2% of the world market. More than 5% of Canadian manufacturing jobs are in this industry.
Worldwide, the output of the electronics industry is expected to reach about $1.3 trillion and account for roughly 4% of world gross domestic product and 14% of value added in manufacturing by the year 2000, according to a 1993 study by the World Bank. The value added in manufacturing by the electronics industry is growing at about 6% annually, versus about 3.8% across all manufacturing industries.
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