IDC: CHINA'S CONSUMER ELECTRONICS MARKET BOOMING
AsiaInfo Services, May, 2005
AsiaInfo Services 05-30-2005 IDC: China's Consumer Electronics Market Booming CHINA, May 30, 2005 (SinoCast via COMTEX) -- International Data Corporation, a world's leader in IT market intelligence, reported that the Chinese consumer electronics market boomed sharply in 2004, thetotal sales of which reached CNY 61.68 billion last year, and the figure is expected to further go up to CNY 159.64 billion in 2009. IDC forecasted that the compound annual growth rate (CAGR) of the market would be 20.9% and the emerging products like set-top boxes, flat panel TV, MP3 player, digital camera, and digital video recorder would thrive further, even challenging the leader position that personal computer took in the whole information technology industry. In 2004, the home...
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