Sohu IT, 7/31/09
According to China's Ministry of Commerce, 110,171 PCs were sold as part of the nationwide rural consumer electronics subsidy initiative in the period between March 16 and the end of June, generating RMB 366.66 mln in sales revenue. The average price of each PC was RMB 3,300, below the stipulated price ceiling of RMB 3,500.
Asus and Dell failed to reach even 1% of market share, while low-cost PC manufacturer Hasee sold only nine units, for a 0.01% share.
The ranking of the top 10 vendors participating in the program during the period, as reported by China's Ministry of Commerce, was as follows:
|Rank||Company||Sales Volume (Units)||Sales Revenue (RMB Mln)||Market Share (% of Sales Revenues)|
Keywords: government initiative government subsidy Lenovo 0992.HK Founder Technology Group 600601.SH Tsinghua Tongfang 600100.SH HP TCL Corporation 000100.SZ Great Wall Computer 000066.SZ Southwest Computer Acer Wanlida 002180.SZ ASUS consumer electronics Dell hardware Hasee market share Ministry of Commerce PC revenue rural sales volume statistics pricing rankings