Let’s face the facts that almost 99.99% of our lives have been changed and transformed by technology. Technological developments have not only ease-up many process and tasks, but it has also revolutionized human lives. Just as technology has improved the industrial and business sector, our daily routine and household jobs and tasks are no exception to it.
Consumer electronics
were considered a luxury a few decades ago, but in this immensely digitized
era, consumer electronics have become a necessity, such as the impact of
technology on our daily lives. In the last few decades, consumer electronics
have experienced some notable and incredible technological advancements and
innovations.
The pace at which
technology is innovating the consumer electronics industry is remarkable. In
present era, we use electronic devices for every small and big task. We have
electronic devices to interconnect, to communicate, to transport and transfer
information, the rapid speed at which our daily-life paradigms are shifting it
can be rightly claimed that the coming generation will not know how to
disassociate themselves from these electronic and digital devices.
A good reason for such
rapid spread of consumer electronics is that these electronic devices not only
provide ease in carrying out daily life activities but they are also affordable
and efficient. The manufacturing companies and brands are working on new and
innovative methods not to modernize these consumer electronic devices but also
to make them more energy efficient and environment-friendly. Some of the
notable and topmost consumer electronic manufacturing brands are:
•
Mitsubishi Electric:
It is a Japan-based
company which is famous for manufacturing and designing high-quality electronic
products. With an incredible revenue of ¥4,394.4 billion and net income of
¥153.5 billion, this company has been providing us with cutting-edge technology
and innovative electronic devices for almost a hundred years.
•
LG Electronics:
One of the oldest names
in consumer electronics industry. This company designs and manufactures
electronic devices exclusively used for household purposes such as home
entertainment, mobile networking, household and kitchen appliances, vehicle
parts and components. With total revenue of almost $54.3 billion, LG is one of
the largest home appliances manufacturing company.
•
Apple Inc.:
An American multinational company which was originally introduced as a computer products
company. Apple now develops other hardware such as audio systems, Apple TV,
HomePod smart speaker, Apple Watch and Macintosh computers. The total revenue
of this company is amounted to be almost US$ 265.595 billion and a net income
of US$ 59.531 billion.
•
Panasonic:
Another Japanese
multinational company which was originally introduced as light socket
manufacturers. This company now
manufactures every type and category of consumer electronic be it an air
conditioner or a radio system, Panasonic is has become one of the leading
consumer electronics manufacturers. The total annual revenue of this company is
estimated to be ¥7.982 trillion, and the net income is calculated to be ¥236.0
billion.
•
Sony:
The business of this
diverse multinational company offers electronic devices for gaming,
entertainment, and daily work activities. This electronic devices manufacturers
have their own music and entertainment industry. With annual revenue of ¥8.543
trillion and net income of ¥507.6 billion, Sony is one of the most renowned
consumer electronics manufacturers.
Conclusion:
These manufacturers are developing intelligent
electronic devices to make daily work and routine lives of people easy and less
hectic. In a nutshell, these manufacturing companies are chasing and
discovering new possibilities of making human-life as easy and innovative as
they can.
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