The acousto-optic and electronics industry enjoys rapid development. Weifang Photoelectric Park has set up a national sci-tech incubator and National Quality Supervision and Testing Center for Electro-acoustic and Solid Lighting Products. More than 200 enterprises have registered here and are expected to generate 100 billion yuan per year by 2020.

The zone has been named a national semiconductor LED innovation cluster, a national semiconductor lighting demonstration city and an industrialization base. Goer Tek, an acoustics enterprise, owns the largest market share in the microphone, blue-tooth headset and 3D glasses industry. Companies like Inspur, a total solution provider for cloud computing, NovoShine, and optical products manufacturer AOD Holdings are also industry leaders.