Reasons for the decline of electronic industry in the past 23 years

There are several reasons for the decline of the electronics industry in the past 23 years:

1. technological innovation: the electronics industry has been constantly innovating and making progress, but new technologies may also replace old technologies, making the original products or technologies obsolete. For example, new technologies such as artificial intelligence, 5G and Internet of Things have been widely used in the electronics industry, and the development of these technologies will lead to the impact of some traditional products or technologies.

2. Market saturation: The electronic product market is quite mature. Many electronic products, such as smart phones, tablet computers and televisions, have been widely used, and the market saturation has led to a decline in sales.

3. Economic depression: The instability and uncertainty of the global economy also affect the electronics industry. The economic recession has led to the decline of consumers' purchasing power and reduced the purchase of electronic products.

4. Policies and regulations: Changes in policies and regulations also affect the electronics industry. Such as import tariffs, export control, intellectual property protection and other policy changes have an impact on the price and sales of electronic products.