Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (4421)	2/19/2005 9:43:16 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

Shipments of POS systems to China are growing 20% annually. By Jim Nash InformationWeek China this year will become the largest importer of point-of-sale terminals, according to IHL Consulting Group. The research firm, which specializes in the retail industry, says shipments of POS systems to China are growing almost 20% a year. Germany, which constitutes the largest POS market in Europe, had been the largest buyer until now. That market has just about saturated, though, according to IHL. Japan is Asia's largest market for POS systems, but, like Germany, it's near saturation, according to IHL. Less than 2% of China's retailers use POS systems. The consulting firm has published a report that describes the market as "extremely strong." At the same time, Chinese (and Asian retailers in general) are mostly buying low-end PC-based POS terminals and PC-on-cash-drawer setups. Microsoft operating systems dominate the Asian POS market. informationweek.com