|SIC Codes:||3575 3572 3571|
|NAICS Codes:||334118 334111 334112|
Companies in this industry manufacture computers, such as mainframes, servers, personal computers (PCs), workstations, and mobile PCs (laptops, netbooks, and tablets), as well as computer peripheral equipment, including storage devices, terminals, and input/output devices such as printers, monitors, and keyboards. Major US companies include Apple, Dell, HP, and IBM, all based in the US, along with Foxconn and Quanta (both of Taiwan); Hitachi and Toshiba (Japan); and Lenovo (China).
Demand is tied to consumer and business income. The profitability of individual computer companies depends on purchasing and production efficiencies, and on technological expertise. Large companies have economies of scale in purchasing and production. Small companies can compete successfully by specializing in certain products or by developing superior technology. The US industry is highly concentrated: the top 50 companies generate about 80% of revenue.
The industry's three major product categories are computers (PCs, servers, mainframes), storage devices (optical and hard disk drives, tape storage), and peripheral equipment (ATMs, PC peripherals, point-of-sale devices), each of which accounts for about a third of US industry revenue.Buy Now