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Article: Suning to buyback CRT-TVs at twice the market price.
- Article from:
- China Business News
- Article date:
- September 4, 2006
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Suning to buyback CRT-TVs at twice the market price
Shanghai. September 4. INTERFAX-CHINA - As part of a promotion for its LCD-TV business, Suning has announced it will pay twice the market price to repurchase CRT (Cathode Ray Tube)-TVs from 16 domestic and foreign TV manufacturers.
Customers who exchange TVs made by companies including TCL, Changhong and Konka, will be granted a coupon that can be used to purchase an LCD TV.
"We believe LCD TVs will be the future of the TV market and will gradually replace CRT-TVs," Zhou Xiaojue, Marketing Manger of Suning Appliances Chain, Shanghai office, told Interfax.
However, both domestic and ...