Article: TWO MICROWAVE OVEN GIANTS PLAN MARKUP


AsiaInfo Services
06-12-2006
Two Microwave Oven Giants Plan Markup

GUANGDONG, Jun 12, 2006 (SinoCast via COMTEX) -- China's two microwave oven giants---Galanz and Midea have become partners in raising prices of their products. This time, the two competitors jointly announce that raising prices in microwave oven sector has become the established fact. The general manager of Midea Microwave Oven MFG Co., Ltd says it would like to join hands with its adversary Galanz to highlighten prices of microwave oven products.

The top leaders of Midea Microwave Oven MFG Co., Ltd are busy discussing the markup issue, and the general manager reveals to ...

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