Revenue of electronic information manufacturing industry up | investinchina.chinaservicesinfo.com

Revenue of electronic information manufacturing industry up

Xinhua Updated: 2019-04-14
The quality of an e-paper product is examined at a workshop in Guangzhou, Guangdong province. [Photo provided to China Daily]

Revenue of China's electronic information manufacturing industry rose 3.3 percent year-on-year in the first two months of 2019.

The sector registered a 21.7-percent slump in profits in the January-February period, while its fixed asset investment dipped 2.6 percent from a year earlier, according to the Ministry of Industry and Information Technology (MIIT).

In breakdown, profits of communications equipment and computer manufacturers surged 55.8 percent and 36.8 percent, respectively, the ministry said.

MIIT data also showed China's mobile phone output weakened in the first two months, with a decline of 12.3 percent year-on-year.

During the same period, production of laptops dipped 2.2 percent year-on-year while that of tablet computers jumped 21.6 percent.