Electronics
Consumer electronics include electronic equipment intended for everyday use. Consumer electronics are most often used in entertainment, communications and office productivity. Some products classed as consumer electronics include personal computers, telephones, audio equipment, televisions, calculators, and playback and recording of video media such as DVD or VHS. Popular brands of consumer electronics include a wide range of European, American, Korean and Japanese based companies including , Apple, LG, Philips, Samsung, Sanyo, Sharp, Sony, Toshiba, and others.

The CEA (Consumer Electronics Association) estimates 2007 Consumer Electronics sales at 150 billion dollars. CEA: Industry Statistics.Consumer electronics are manufactured throughout the world, although there is a particularly high concentration of manufacturing activity in the Far East, in particular China and Singapore, amongst other countries.[citation needed] The latest consumer electronics are previewed yearly at the Consumer Electronics Show in Las Vegas, Nevada, at which many industry pioneers speak including Bill Gates from Microsoft.

One overriding characteristic of all consumer electronic products is the trend of ever-falling prices. This is driven by gains in manufacturing efficiency and automation, coupled with improvements in semiconductor design. Semiconductor components benefit from Moore's Law, an observed principle which states that, for a given price, semiconductor functionality doubles every 18 months.While consumer electronics continues in its trend of convergence; ie. DVD-Player and Free-View Box becomes a 'Media Centre' combining elements of many consumer electronic items. The consumer faces different decisions when purchasing their items. The variables becoming more about "Style & Price" rather than "Specification & Performance". This convergence of technologies promises a shrinking of choice of retailer to the consumer and the rise of Manufacturer status within the home.

source:wikipedia