Wireless Telecommunications Equipment Manufacturing
Brief Excerpt from Industry Overview Chapter:
Companies in this industry produce radio and television broadcast and wireless communications equipment. Major companies include Apple (US), Ericsson (Sweden), Huawei (China), Nokia (Finland), Samsung (South Korea), and ZTE (China).
Worldwide, wireless phone and data service subscriptions total nearly 7 billion, or one for nearly every person, according to the International Telecommunication Union. Mobile adoption is slowing as more markets become saturated, but developing regions of Asia/Pacific and Africa still hold potential for growth.
The US wireless telecommunications equipment manufacturing industry includes about 800 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $26 billion.
The industry is part of the Telecommunications Equipment Manufacturing sector, which is covered further in a separate industry profile.
Demand is driven by evolving networking technology that enables new applications and services. The profitability of individual companies depends on efficient operations and bringing new products to market quickly. Large companies enjoy economies of scale in purchasing raw materials, components, and manufacturing equipment. Smaller companies can compete effectively by specializing in niche products or components. The US industry is highly concentrated: the 50 largest companies account for about 85% of revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major products include antennas, cable television transmission equipment, cellular phones, global positioning system (GPS) equipment, radio and television broadcasting equipment, receivers and transceivers, and satellite communication equipment.
Wireless telecommunications and broadcast equipment manufacturers own and lease production facilities around the world. They also commonly outsource full or...