Japan Electronics and Information Technology Manufacturers Associations (JEITA) reported that worldwide shipments have increased again from Japanese factories, with shipments exceeding 100 billion yen ($750m) for 21 consecutive month.
Even though China’s demand continued to decline, rising demand from Europe, the United States and depreciation in the Japanese yen combined with increased demand from Japan, global shipments from Japanese electronics factories rose by 7.8% over May 2017 and reached $2.59 billion. For 21 months, the total monthly shipments of electronic components from Japan exceeds $2.27 billion.
In May, deliveries of electronic components to Japan decreased by 0.3% to $487 millions compared to May 2013. Deliveries to the US amounted to $306 millions, while deliveries to Europe climbed by 16.2% to $282million. Deliveries to Asia rose 18.8% to $595 millions.
The Japanese electronics component factories are Kyocera and TDK as well as Hitachi Metals and Nidec.