Consumer electronics are electronic equipment intended for use by everyday people. Consumer electronics usually find applications in entertainment, communications and office productivity.
Some categories of consumer electronics include telephones, audio equipment, televisions, calculators, and playback and recording of video media such as DVD or VHS.
Consumer electronics are manufactured throughout the world, although there is a particularly high concentration of manufacturing activity in the Far East, in particular China. One overriding characteristic of all consumer electronic products is the trend of ever-falling prices. This is driven by gains in manufacturing efficiency and automation, coupled with improvements in semiconductor design. Semiconductor components benefit from Moore's Law, an observed principle which states that, for a given price, semiconductor functionality doubles every 18 months.
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