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Chongqing's 639 Electronic Enterprises above Designated Size All Resumed Production

By JIEYU WANG|Apr 23,2020

A total of 639 electronic enterprises above designated size across Chongqing have all resumed production as of April 20, according to Chongqing Economic and Information Technology Commission. In March, enterprises above designated size in the electronics manufacturing industry recorded output value of 56.27 billion yuan, up 27.5%.

Chongqing’s 639 Electronic Enterprises above Designated Size All Resumed Production, with the Output Value Increasing by Nearly 30% in March.

“A vertically integrated whole industry chain of ‘complete machine + supporting components’ has been established in the electronics industry in Chongqing, playing a significant role in coping with COVID-19,” introduced the relevant person in charge of Chongqing Economic and Information Technology Commission. So far, 46 complete-machine enterprises, 237 supporting enterprises, and 356 other enterprises in this industry have all resumed production.

In the first quarter, enterprises above designated size in the electronics manufacturing sector achieved an output value of 105.11 billion yuan, down 9.5%, representing a decrease of 22.7% from January to February. In March, such enterprises reached an output value of 56.27 billion yuan, up 27.5%. The recovery rate of electricity consumption for the electronics industry was 121.5%, reaching a high level in capacity utilization, compared with the average for March last year.

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How does the local electronics industry make it through the pandemic? Chongqing Economic and Information Technology Commission: Chongqing can supply over 90% kinds of components and parts

As the COVID-19 outbreak is raging all over the world, how does Chongqing’s electronics industry, the city’s pillar industry with a wider global reach, successfully cope with the potential negative effects? According to the Chongqing Economic and Information Technology Commission on April 20, a complete industry chain in the electronics industry in Chongqing has been built, which can supply over 90% kinds of components. In particular, a number of leading enterprises have reserved raw materials for production until this June.

“Despite the local availability of the vast majority of components, electronic enterprises still purchase such core components as CPU, memory, and hard disk from overseas markets.” In this regard, the Chongqing Economic and Information Technology Commission is making active efforts to help these enterprises to increase their purchase of key core components from Jiangsu, Shanghai, and Guangdong. A number of leading enterprises, including Chongqing Yibao Intelligent Electronic Device Co., Ltd., OPPO, and Vivo, have reserved raw materials for production until June.

“We also do everything we can to win more orders to expand the scale of the electronics industry.” Blocked by the epidemic, some regional production enterprises fail to have plants running, and therefore, brand owners will have to adjust their order plans. In this case, Chongqing should, by taking advantage of its complete production system of intelligent terminal industry, make active contact with brand owners to win more their orders in other domestic areas, especially those from Huawei and Dell. Furthermore, the city should take active moves to introduce new projects to constantly consolidate the foundation of the existing intelligent terminal industry.

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