Light Industry: Gome cuts prices
(Shenzhen Daily)
Updated: 2006-06-16 11:06
Major domestic home appliance chains are giving consumers a pleasant summer
surprise by cutting prices of air conditioners to boost sales during the year's
best-selling season.
The move reverses earlier efforts by domestic air-conditioner makers to raise
prices to pass along high raw-material prices to consumers.
Gome Electrical Appliances, the country's largest home appliance chain, said
Wednesday that it would slash prices of air conditioners by up to 20 percent at
its more than 450 stores nationwide.
(For more biz stories, please visit Industry Updates)
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