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News Release from: Global Sources
Edited by the Electronicstalk Editorial
Team on 14 July 2006
10.8 million home theatre systems in
2007
Greater China exports of home theatre systems expected to top 10.8 million units in 2007, and 85% of manufacturers plan to boost capacity.
Greater China is expected to manufacture about 10.8 million home theatre systems in 2007, up 40 percent from 2004, according to Global Sources' China Sourcing Report: Home Theatre Systems The report indicates that buyers sourcing home theatre systems from Greater China can expect increased supply, and stable or lower quotes in the coming months
This article was originally published on Electronicstalk on 7 Dec 2006 at 8.00am (UK)
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Report Publisher, Mark Saunderson, said: "Greater China's home theatre system industry is expanding, with 81 percent of surveyed manufacturers expecting exports to increase this year".
"In preparation, 85 percent plan to upgrade production capacity".
Among surveyed makers: 24 percent plan to increase capacity by 50 percent or more; 21 percent plan increases of between 20 and 50 percent; 40 percent expect increases of less than 20 percent; and 15 percent expect to leave production capacity unchanged.
Saunderson said: "Producers have been hit with rising costs of raw materials and complying with the European Union Restriction on Hazardous Substances (RoHS) directive".
"However, 67 percent plan to hold or lower quotes to grow sales and market share".
Among those surveyed: 38 percent expect prices to remain steady in the next 12 months; 33 percent say they expect price increases; and 29 percent expect a decrease in prices.
The 125 page China Sourcing Report: Home Theatre Systems features detailed profiles of 48 Greater China manufacturers and a product gallery with 94 top-selling export models.
It includes product and pricing trends, coverage of leading and emerging supply centers, plus insights into capacity, output and product trends.
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