Despite the economic storms from a potential breakup of the Eurozone on the horizon, the government continues to announce funding initiatives aimed at kick-starting the technology sector in this country.
Funding for small business working in markets such as LED lighting, renewable energy and medical is to be welcomed, but my worry there is a lack of ideas in the government's high tech strategy.
The big message is that the electronics sector is fundamentally strong and it may need to be if the worst fears of meltdown in eth global economy come to fruition.
As we enter 2012, electronics markets are expected to have a tough few months.
Latest predictions for the component market from distributor association ECSN are for a worrying shrinking of the electronics market in the first six months of the year, before things start to improve.
After modest growth in 2011, this must be a concern. But the important message for me is that the fundamentals remain strong.
The UK market is more resilient to the storms of the global economy than it was even five years ago.
The manufacturing sector is smaller, but leaner and far more competitive. There are even growth markets in aerospace and defence, but also security systems, M2M wireless and renewable energy. And the automotive activity amongst tier 2 suppliers has not declined in this country as much as might have been expected.
No one is denying the challenges ahead, but similarly no one in the electronics sector is lacking the ideas to turn things around.
The big message is that the electronics sector is fundamentally strong and it may need to be if the worst fears of meltdown in eth global economy come to fruition.
As we enter 2012, electronics markets are expected to have a tough few months.
Latest predictions for the component market from distributor association ECSN are for a worrying shrinking of the electronics market in the first six months of the year, before things start to improve.
After modest growth in 2011, this must be a concern. But the important message for me is that the fundamentals remain strong.
The UK market is more resilient to the storms of the global economy than it was even five years ago.
The manufacturing sector is smaller, but leaner and far more competitive. There are even growth markets in aerospace and defence, but also security systems, M2M wireless and renewable energy. And the automotive activity amongst tier 2 suppliers has not declined in this country as much as might have been expected.
No one is denying the challenges ahead, but similarly no one in the electronics sector is lacking the ideas to turn things around.
