Yantai had 147 information technology manufacturing enterprises above designated size in 2015 and a related working population of 120,000. It boasts a state-level technological center, six provincial-level ones, and five municipal-level ones.
The city is able to independently develop and produce more than 100 types of electronic information products. Its annual output of integrated circuit-used gold bonding wire accounted for 60 percent of the country's total. Its smart phone annual output reached 39.23 million and laptops amounted to 135,000.
The industry achieved revenue of 274.26 billion yuan and profits of 14.73 billion yuan in 2015, a year-on-year increase of 12.06 percent and 6.89 percent respectively.
The city had two provincial-level information technology industrial parks by the end of 2015, generating total revenue of 179.8 billion yuan, accounting for 71 percent of the city's entire industry.
Leading electronic informational enterprises such as LG sprung up. The new generation information technology industry got a boost. The radio frequency identification devices (RFID) industry grew rapidly, producing a batch of outstanding products such as intelligent financial anti-counterfeit system, intelligent food security traceability and anti-counterfeit system, and intelligent electric power assets management system.