The Japanese electronics industry continued its vigorous advance during the first nine months of last year', is the start of a story in Electronics Weekly's edition of March 29th 1961.
'Compared with the corresponding period of 1959, production from January to September 1960 of electronic products was up 31 per cent," adds the story.
The story continues: 'the highest gain was made in electronic computers (a 172 per cent increase). Industrial measuring and control equipment for automation was up by 73 per cent. Production of transmitting and special purpose valves rose by 50 per cent while output of receiving valves increased by 45 per cent. Transistor production was up 34 per cent.'
'The total value of all electronic products manufactured in the first nine months of 1960 was almost exactly £300 million compared with £234 million in the same period of 1959', continues the story, 'the result for the full year, therefore, is likely to reach £400 million, and will probably be higher.'
The story concludes: 'At this level, Japan's overall electronics production is not so far behind the estimated annual output of Britain's electronics industry.'