Automotive Electronics Industry Analysis And Investment Value Study Of China

As the head of modern manufacturing and high-tech industry, the automobile industry and electronics & information industry have significant influence on the development of economics in the world. The combination of automobile industry and electronics & information industry forms one of the most promising new industries — automotive electronics industry. The rise of automotive electronics industry not only brings impetus to automobile's technological innovation and continuous development, but also provides new power and growing space for electronics & information industry. It so promotes the progress of the two industries together. As the application area of electronics & information technology used in automobile extends constantly, electronics, information and intelligent becomes the inevitable trend of automobile industry. It provides wide space for the development of automotive electronics industry.Moreover, with the conception of value investment gains extensive recognition in investors, industrial analysis and investment value study becomes the important basis of making investment decision for investors. As new industry, the development of automotive electronics industry will certainly attract much attention of many corporations and investors. If automotive electronics industry has investment value and how to estimate investment value of it becomes the issue of corporations and investors concern together.Consequently, taking the automotive electronics industry of China as studying object, the paper discusses the stage of development, industrial characteristic, influencing factors and evolution rule of automotive electronics industry in China on the basic of summing up studying achievement of the world. Then the paper appraises the investment value of automotive electronics industry, so that it can provide reference for investors to make proper investment decision and the government to constitute reasonable development strategy.Firstly, taking SCP theory as frame, the paper summarizes the stage of development and main characteristics of automotive electronics industry in China by analyzing systematically market structure, conduct and performance of it. The automotive electronics industry of China is in a stage of growing quickly now. The demand of traditional automotive electronics products rises steadily and the demand of new automotive electronics products enters a phase of increasing rapidly. But it presences a big gap between demand and supply in automotive electronics market, so that the demand structure doesn't match the supply structure. Many main automotive electronics products such as EMS are monopolized by foreign corporations and corporations of China have some advantage in some products which the level of technology isn't high. The automotive electronics industry has high entry barrier, an absence of independent technology and...