December 27, 1965 Electronics
[Table of Contents]
Wax nostalgic about and learn from the history of early electronics.
See articles from Electronics,
published 1930 - 1988. All copyrights hereby acknowledged.
This is the electronics market
prediction for Denmark, circa 1966. It was part of a comprehensive assessment by the
editors of Electronics magazine of the state of commercial, military, and consumer
electronics at the end of 1965. Unless you can find a news story on the state of the
industry, detailed reports must be purchased from research companies like
Statista. Their website has a lot of charts on Denmark's current
electronics market showing revenue in the consumer electronics segment amounts of US$1,020M
Separate reports are included for
(the Berlin Wall was still up then), the
obviously not part of Europe, is also covered.
Seeking buyers abroad
Danish electronic companies, most of which have fewer than 500 employees, are facing
a severe labor shortage, tight credit and high taxation.
Last spring, to control inflation the government restricted credit and, as a result,
reduced consumer spending. Many producers of television, radio and hi-fi equipment are
burdened with heavy inventories. Some are turning to exports; some say as much as 95%
of their output is sold outside the country. Credit restrictions are expected to continue
18 months more.
Almost all companies report an increase in business with the Communist countries of
Eastern Europe, including the Soviet Union. Some companies say their Soviet-bloc sales
have climbed 20% to 25%. Czechoslovakia is the biggest market, followed by Hungary and
Posted October 2, 2018