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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (40727)	12/12/2000 10:42:30 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 70976

China PC Market Enters Readjustment Phase December 12, 2000 (BEIJING) -- China's PC market has entered a period of readjustment characterized by a lower, but steady growth rate since 1998, after seven previous years of rapid development, according to an expert from the Ministry of Information Industry. Wang Lintong, with the Computer and Micro-electric Development and Research Center under the MII, said that the growth period will last through 2000, with an estimated average annual growth rate of 15.5 percent. During the 1991-1997 period, the rate for PC sales volume jumped by 56.8 percent every year. "But the growth rate is going to slow down, as the overall economic growth rate is lowering somewhat and the consumers are more rational about buying PCs," Wang said. He added that the total number of PCs installed in the country is expected to reach 16 million by the end of this year. (Xinhua News Agency)