Clock radio

Greater China's clock radio market is experiencing continued expansion, marked by increasing output and exports from manufacturers in mainland China, Taiwan and Hong Kong. Total production in 2005 was estimated at 28.8 million units, of which 95 percent or 23.6 million units were exported. The forecast output and export figures of clock radio for 2006 are 34.5 million units and 32.5 million units, respectively. There are 23 two-way radio manufacturers of clock radio: 14 mainland China-based companies, four Taiwan-based companies and five Hong Kong-based companies. Combined, these companies' production volume for 2004 was 16.5 million units, representing 67 percent of the industry output for the year. Aggregate exports of clock radio over the same period were 15.7 million units. These companies' projected output and export figures of clock radio for 2005 are 22.51 million units and 21.4 million units, respectively. These represent 65 percent and 66 percent of Greater China's estimated total output and exports for 2006, respectively.