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Demand for computers in China and its growth potential
As of June 1999 China had one of the largest and fast-growing PC markets in the world:
- China was the fifth-largest PC market worldwide
- Chinese PC market had historical annualized growth of 43% in the period 1990-96 and was predicted to continue growing at around 30%
- By 2000 China’s annual PC production was predicted to reach 7.6 million, making it the third-largest market, and possibly the second-largest by 2004
According to these figures, China was becoming one of the most important markets for computers in the world. Moreover, it can be assumed that the demand was robust – the underlying population and economic growth, the country’s emphasis on education, aggressive industrialization and use of new technologies were solid reasons for the demand to continue to grow...
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