In 2015, the consumer electronics industry generated revenues in excess of $1.5 trillion. Despite market fluctuations, these revenues have been growing steadily over the past four decades. Local and regional shares in this industry have, thus far, been very limited. However, with correct planning and vision, this industry can become significantly developed, which will serve to increase national income and create local and regional high-tech jobs. This development will help elevate the region’s advancement and aid in its transition to a knowledge-based economy.
The CND aims to create an environment in which the electronics industry can thrive in the region and has a vision of becoming an internationally leading education and research Center supporting the growth of the Electronics and Devices industry in the region.
It also aims to prepare a highly trained cadre of professionals. In doing so, the center hopes to develop strong ties with international and local industry in this field.