Record sales in 2022 again despite a high-risk environment
M
MEDIUM RISK for entreprises
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Fragmentation
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Internationalization
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Capital Intensity
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Profitability
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Fragmentation
-
Internationalization
-
Capital Intensity
-
Profitability
Updated in December 2021.

- Broad customer base (consumer electronics, automotive, telecommunications, industry, etc.)
- Powerful long term growth drivers (digitization of the economy)
- Technology intensive, innovative industry
- Semiconductors: concentrated, high value added, high margin product markets

- Commodity electronic components: fragmented, low barrier to entry, low margin product markets
- Saturation reached in major client industries (smartphones, computers, etc.)
- Volatility, with one major recession every four to five years on average
Key players
Country | Role | Sector risk |
---|---|---|
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#1 manufacturing country |
B
Medium risk |
![]() |
#2 manufacturing country |
A
Low risk |
![]() |
#3 manufacturing country |
A
Low risk |
![]() |
#4 manufacturing country |
B
Medium risk |
![]() |
#5 manufacturing country |
B
Medium risk |