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Hoover's is Beta Testing our Industries section.
Telecommunications Equipment Industry Financials
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Telecommunications Equipment Industry Financial Summary
The US telecommunications industry comprises about 2,000 companies with combined annual revenue of $65 billion. Major US companies include Cisco, Lucent, 3Com, and Motorola. Large foreign competitors in the US market include Nortel, Nokia, NEC, Alcatel, and Siemens. The industry is highly concentrated: the 50 largest companies hold 75 percent of the market.
Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Telecommunications Equipment industry.
| NAICS | NAICS Description | Establishments | Sales, Receipts, or Shipments ($1,000) | Annual Payroll ($1,000) | Paid Employees |
|---|---|---|---|---|---|
| 334111 | Electronic computer mfg | 489 | $47,728,633 | $3,274,317 | 62,253 |
| 334119 | Other computer peripheral equipment mfg | 872 | $16,118,425 | $3,317,887 | 60,081 |
| 334210 | Telephone apparatus mfg | 522 | $27,274,825 | $3,743,130 | 64,518 |
| 334220 | Radio & TV broadcasting & wireless communications equipment mfg | 1,041 | $32,181,272 | $5,412,636 | 100,659 |
| 334290 | Other communications equipment mfg | 500 | $5,531,217 | $1,149,698 | 25,589 |
| 334310 | Audio & video equipment mfg | 572 | $8,879,264 | $989,995 | 26,087 |
| 334413 | Semiconductor & related device mfg | 1,045 | $61,471,483 | $9,808,480 | 169,224 |
| 334511 | Search, detection, navigation, & guidance instrument mfg | 652 | $32,304,642 | $9,185,483 | 143,550 |
| 335921 | Fiber optic cable mfg | 96 | $1,460,503 | $308,831 | 6,962 |
| 423430 | Comp & perphl equip & software merchant wholesalers | 13,760 | $232,520,267 | $22,176,606 | 316,614 |
| All NAICS Sectors | 19,549 | $465,470,531 | $59,367,063 | 975,537 |
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