It is no coincidence that the lighting of the famous tower clock in the pilgrimage city of Mecca comes from Austria.This is because Austrian industry is one of the most specialized in Europe when it comes to manufacturing in the fields of electronics and electrical engineering. With a workforce of 60,000 (in 2013), the electrical and electronics industry is the second biggest industrial employer in Austria.
As a strong export-oriented industrial sector (about two-thirds of the manufactured products are exported to 150 countries across the globe), the companies are disproportionately involved in international economic activity. The electrical and electronics industry accounts for one-third of total R&D expenditures of Austrian industry.
Many companies, from Infineon, Eaton, AKG and Alcatel to Hewlett Packard, Siemens and Sony already benefit from the numerous advantages of Austria as a business location. They have set up international R&D centers in Austria as well as production facilities to manufacture quality products.
Electronic components “Made in Austria” are particularly coveted internationally, from LED lighting and semiconductor components to generators and tram cars. Austria’s semiconductor industry plays an important role, especially with respect to automobile electronics.