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Article: GOME INITIATES AIR CONDITIONER PRICE WAR IN CHINA
- Article from:
- AsiaInfo Services
- Article date:
- June 20, 2006
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AsiaInfo Services
06-20-2006
GOME Initiates Air Conditioner Price War in China
BEIJING, Jun 20, 2006 (SinoCast via COMTEX) -- Upon entering summer, most of Chinese air-conditioner makers propose to raise retail prices of air conditioners on account of rising prices of raw materials. However, this alliance has been defeated by the Chinese home appliance retailers like GOME and Suning, which threaten to sell the air conditioners in stock.
Recently, some Chinese air conditioners like Hisense, Kelon and Chunlan take initiative to join in Suning's "Anti-price Hike Alliance", and GOME put down air conditioner price by 15-20.
Before this, in face of air conditioner makers' calling for raising ...