CHINA's Q3 PRINTER SALES FALL 8%

[Anonymous]

http://www.tmcnet.com/usubmit/2008/11/07/3768284.htm
China’s Q3 Printer Sales Volume Fell 8%
BEIJING,
Nov , 2008 1.8344 million sets of printers, valued at CNY 2.282
billion, were sold in China in the third quarter of 2008, falling 8%
and 11.9% from July-September 2007.Sales volumes of ink-jet printers
and laser printers respectively declined 10.8% and 5.8% year on year to
1.1957 million and 408,100 sets while sales volume of stylus printers
climbed 3.3% to over 200,000 sets.Amid withering demand from financial,
government, and education industries, sales volume of color laser
printers dropped 14.5% in Q3 in the Chinese market, the first decline
since 2001. High prices and maintenance costs are major factors to
limit the development of color laser printers.Contrarily, A3-sized
printers kept a stable growth trend in the period. Driven by decreasing
prices, sales volume rose 5.6% from a year ago. Media, education, and
publishing industries still were major buyers. Meanwhile, financial,
telecom, transportation, as well as government industries started to
show increasing demand for the printers.

[Author]

November 10, 2008 at 10:16 AM