Article: CHINA'S EXPORT OF MICROWAVE OVEN OCCUPIES 70% OF WORLD


AsiaInfo Services
05-30-2005
China's Export of Microwave Oven Occupies 70 of World

CHINA, May 30, 2005 (SinoCast via COMTEX) -- China's export of microwave oven accounts for 70 of the global market share to about 35 millionsets each year, while the global annual demand is 50 million sets.

It is a strong signal that Chinese microwave oven brands have become the strength that leads the development of global microwave oven industry, industry insiders said. Midea and Galanz, two main microwave oven brands in the mainland China, ranked first and second separately in the latest month with their export volume of 700,000 sets and 620,000 sets, accordingto the related statistics.

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