Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Lenovo, Haier are China's Top 2 Electronics Firms
Jun 2, 2006
 Printable format
 Email this Article
 Search

Statistics from China's Ministry of Information Industry (MII) show total 2005 revenues for the top 100 electronics and information technology (IT) firms in China reached 964.3 billion yuan (approx. U.S. $120.3 billion). The data represents an 18.2-percent year-on-year increase. MII Deputy Chief Lou Qinjian credited the increase to Chinese firms' improved competitiveness.

Better competitiveness results in part from bigger research and development (R&D) investment. The 100 companies dedicated 93,600 employees, or approximately 9.6 percent of their workforce, to R&D. R&D spending by the companies in 2005 was 3.56 billion yuan (approx. $444 million).

Company rankings for 2005 from the Ministry included:
1. Legend Holdings Ltd., parent of PC OEM Lenovo Group (which acquired IBM's PC busness), with 2005 revenue of 108.2 billion yuan (approx. $13.5 billion)
2. home appliance and electronics maker Haier Group
3. BOE Technology, the biggest Chinese maker of LCD (liquid crystal display) panels
4. TCL Group, maker of TVs and mobile phones
5. telecom equipment maker Huawei Technologies

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows