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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.
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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$1,020 million
in 2018.
Separate reports are included for
West Germany
(the Berlin Wall was still up then), the
United Kingdom,
France,
Denmark,
Austria,
Sweden,
Belgium,
Switzerland,
the Netherlands,
and Italy.
Russia, although
obviously not part of Europe, is also covered.
Denmark Electronics
Market
 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 Rumania.
Posted July 4, 2024
(updated from original post
on 10/2/2018)
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