Companies in this industry produce radio and television broadcast and wireless communications equipment. Major companies include Apple and Cisco (both based in the US); as well as Ericsson (Sweden); Huawei, Oppo, Xiaomi, and ZTE (China); Nokia (Finland); and Samsung (South Korea).
COMPETITIVE LANDSCAPE
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 90% of revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major revenue sources include the manufacturing of communications systems which account for about 70% of the industry revenue. The company also manufactures wireless networking equipment, broadcast, studio, and other related electronic equipment, radio station equipment, and space-based stations, which all account for about 10% each.