Searching for "6th tier"
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Chinese laptop, PC, and handset manufacturer Lenovo (0992.HK) yesterday announced its development strategy for 4th, 5th, and 6th tier cities in China, which entails the release of approximately 150 new products from over 45 different product lines. Read More
Louis Woo, head of Taiwanese electronics manufacturer Foxconn's (2038.HK; 2354.TW) channel business group, recently disclosed that Foxconn plans to invest RMB 300 mln to assist former mainland China employees to open approximately 1,000 consumer electronics retail stores in their hometowns. Read More
Dell now joins the ranks of appliance and consumer electronics retailers Gome (0493.HK) and Suning (002024.SZ) with some 3,000 Dell retail outlets in IT malls across the China. Read More