Business Services Industry
Tech Channel Index Emerging Data Report Indicates China’s Increasing Consumption of Consumer IT Products
Business Wire, June 25, 2009
SAN JOSE, Calif. -- Tech Channel Index (TCI) reports that despite the economic recession, China sales activity of Consumer IT products - peripherals like storage devices, software and networking hardware - is up 9 percent from January through April 2009 when compared to the same period in 2008. China’s increase in sales is in contrast to India, down one percent, Russia, down four percent, and Poland, down five percent for the same period.
China, India, Russia and Poland represent the four largest emerging markets for the Consumer IT products included in the TCI Emerging Markets Index. More information about these regions and other Emerging Markets can be found in the Tech Channel Index Feature Article: “Emerging Markets Channel Sales Trends - Emerging Markets Technology Channel Sales and Inventory Performance in 2008” and in the weekly Emerging Market Indices.
About the Tech Channel Index
The Tech Channel Index creates a single uniform view into high tech channel health with timely and detailed measurement of sales and inventory performance for major and emerging markets across the globe. As of August 2008, Index metrics are derived by aggregating and normalizing over 5 million transactions collected from over 1500 distributors and retailers each week. Participating Index companies represent over $30 billion in annual channel sales in multiple high tech product categories. The basket of 35,000 products chosen for the Index have been tested and benchmarked against established economic standards and have been found to accurately represent spending on Enterprise IT, Consumer IT and Software categories. Products included in the index are tracked across all geographies and partner segments worldwide. This approach to construction yields an Index data set that is uniquely uniform from channel-to-channel and country-to-country. www.techchannelindex.com.
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