DUBLIN -- The market for OEM automotive electronics in China is forecast to reach $3.5 billion by 2012, a compound annual growth rate of 14.2%, a new study says.
At that rate, China is the fastest growing region for automotive electronics, says Dublin, Ireland-based Research and Markets.
The average automotive electronic content per light vehicle in China is forecast to increase from $300 in 2003 to $500 in 2012, the firm said.