In this article, we take a look at the 5 most advanced countries in electronics. If you want to check out our detailed analysis on the electronics industry, go to the 13 most Advanced Countries in Electronics.
5. Hong Kong
As one of the top 5 most advanced electronic countries, it comes as no shock to find Hong Kong as the largest exporter of electronic integrated circuits. The industry made up 72.5% of the total exports of the country in 2022. Interestingly, this is also the country providing the cheapest electronics.
Bluetrek technologies – distribution of electronic parts and electronic communications equipment and CONNECTEDEVICE — developer of smart watches and connected technology for activity tracking — are two of the prominent manufacturing companies in Hong Kong.
Hong Kong also has a number of research institutions and universities. These include the Hong Kong University of Science and Technology (HKUST), the Chinese University of Hong Kong (CUHK) and Research and Development Centers Division, Innovation and Technology Commission.
4. Japan
Japan has been known for bringing about great technological innovations over time and therefore, is one of the most advanced countries in electronics. World-class companies like Toshiba, Mitsubishi, Sony, Panasonic and Hitachi are few of the electronic manufacturers in the country.
Japanese companies are the leaders in producing various products like laptops, disc players, fax machines etc. Japan is also the largest manufacturer of industrial robots, making 45% of the robots in the world. Consumer electronics make up one-third of the country’s economic output.
Some of the top research institutions for electronic industry includes University of Tokyo and the Tokyo Institute of Technology. Tokyo is at the second best place in terms of quality of R&D in electronics by FDI Intelligence, with a score of 234.
3. Taiwan
As one of the most advanced electronic countries, Taiwan is an important player in electronics market. They are best known for making cutting-edge semi-conductors. Taiwan’s semiconductor industry has the highest market share in integrated circuit foundry, packaging and testing services, while coming second to the US in design services and a broad market share.
TSMC, chip manufacturer, controls over 50% of the global chip market. They currently manufacture 5 nm chips that are used in devices of companies like Apple Inc. (NASDAQ:AAPL)’s products. Foxconn, which is a multinational contract manufacturer of electronics, and Pegatron that develops computing, communications and consumer electronics for branded vendors, are two more of Taiwan’s notable electronics manufacturers.
Taiwan’s Semiconductor Research Institute and National Applied Research laboratories are few of the institutions that are involved in continuous research for the field.
2. South Korea
In global terms, the country was reported to have contributed to 6% of KTI output in 2019, with the electronics share made up of 9%. Bringing Samsung to the world, one of the largest electronics company, South Korea has much to be proud of in the electronics field. Samsung is also the main competitor of Apple Inc. (NASDAQ:AAPL) in smartphones. However, Apple boasts the title of being the largest consumer electronics company in the world.
South Korea’s Seoul city has the highest score, at 288, in the FDI Intelligence report and is ranked as the best place in the world for quality research and development in the field of electronics. Electronic Material Research Center at the Korea Institute of Science and Technology and established electronics-research organizations like Electronics and Telecommunications Research Institute (ETRI), are evidence of some of the great work done by Korean institutions for electronic advancement.
1. United States
The United States is, without contention, the most advanced country in electronics. This is mainly attributed to the vast number of electronics-companies working tirelessly to bring out cutting-edge technologies. Some of these include Nvidia Corporation (NASDAQ:NVDA), Apple Inc. (NASDAQ:AAPL), Advanced Micro Devices, Inc. (NASDAQ:AMD) and Intel Corporation (NASDAQ:INTC). The market size for US consumer electronics industry is estimated to reach $293.81 billion by 2032, as noted by Precedence Research.
Furthermore, FDI Intelligence gives New York City a score of 180 and sixth best place in the world for electronics-talent and infrastructure. It is also leading the research in electronics through Ivy League institutions like MIT, Stanford University and Harvard University.
Disclosure: None. You can also take a peek at 25 Most Developed Countries in the World and 13 Most Advanced Countries in Artificial Intelligence
