Growing Output in the Electronics Industry

BusinessEconomy ♦ Published: July 5, 2011; 15:51 ♦ (Vindobona)

The production level of 2008 will be reached again this year. Growth is mainly driven by increasing exports and a positive development in the automotive industry.

Growing Output in the Electronics Industry / Picture: ©

In 2010, production output of the Austrian electronics industry increased by 4.3% compared to 2009 and amounted to € 11.5bn. The number of people employed in the sector stood at 58,700 which corresponds to a plus of 3.3%. However, the pre-crisis level of 2008 was not attained. “In 2011, we will reach the output level we had before the economic downturn”, said Brigitte Ederer,…