Hubei Enshi Electronics Market

Regional Distribution: Taking the High-tech Zone of Enshi Prefecture as the core area, leading enterprises such as Luxshare Precision have settled here, driving the agglomeration of the surrounding electronic information industry. In addition, there are some electronic product sales stores in the urban area of Enshi, mainly concentrated near commercial centers, such as around Xidu Square, mainly selling consumer electronic products.

Market Scale: It has developed rapidly in recent years. With Luxshare Precision as the leading enterprise, Daxiang as the backbone, and supporting enterprises such as Chuangsinuo and Liangxin Technology, an electronic information industry chain has been formed. The industrial scale has doubled for three consecutive years. In 2019, the output value of Luxshare Precision was 61.7 million yuan, in 2020 it was 420 million yuan, the target in 2021 was 1 billion yuan, and the target in 2025 is 10 billion yuan, absorbing 20,000 people for employment. Daxiang Technology started production in June 2018, with an output value of 38 million yuan in that year, an output value of 110 million yuan in 2019, an output value of 190 million yuan in 2020, a target output value of 800 million yuan in 21, and a planned output value of 3 billion yuan in 2025.

Business Categories: Mainly electronic components and products related to intelligent terminals. For example, components for electronic products of Huawei, Xiaomi, Apple, etc., as well as intelligent terminal products such as LEDs, and medical device-related electronic products such as electronic thermometers and forehead thermometers. In terms of consumer electronic products, there are common products such as mobile phones, computers, tablets, and headphones.

Characteristic Advantages: The electronic information industry has a strong development momentum, with high integration and permeability, and can quickly expand the local brand influence. Led by large enterprises such as Luxshare Precision, the industrial chain is continuously improved, and products are sold to more than 60 countries and regions such as Europe and the United States, having a certain competitiveness in the international market. At the same time, the local government attaches importance to the development of the electronic information industry and has introduced a series of preferential policies, attracting a large number of enterprises and talents.