Based on supply chain checks, our preliminary estimate is that LCD TV sales volumes during the week of China’s National Day holidays were 2.6 million, a 5% drop Y/Y. Continue Reading
Author Archives: Bing Zhang
The Chinese government developed several subsidy and stimulus policies over the past few years, such as “Home Appliance to the Country” (Dec 2007-Jan. 2013), “Swap Old for New TV” (Jun 2009-Dec 2011), and the latest Energy Efficiency Subsidy, starting in Sep 2011. Continue Reading
Recent rumors suggest the current subsidy program for energy saving appliances, which is scheduled to end in May 2013, will be replaced by a second generation program soon after expiration, with a higher EEI Continue Reading
China’s National Development and Reform Commission (NDRC) has announced details of the new energy-saving subsidy on home appliances. Continue Reading
According to a variety of sources, LCD TVs sales were up about 10% Y/Y during the National Day Golden Week in China, Oct 1-7. Gome, one of the largest national chain stores, officially announced its AV sales grew 16%, out-performing the average 15% during Golden Week. Local brands took share through aggressive promotion of high-end TVs and by using emerging channels such as specialty stores, group purchases, and online sales.