Digital China to expand distribution
By Jonathan Yeung (China Daily)
Updated: 2006-07-13 09:28 "They (desktops and laptops) also account for 15 per cent and 25 per cent
respectively of the company's total turnover in the 2005-06 fiscal year," Lin
said.
Lin said that revenue from selling desktops and laptops would
still be a major source of the company's total revenue.
"With a 28.5 per
cent growth in turnover, we are well above the average annual growth rate of
China's IT market, which is about 11.4 per cent," said Digital China's President
and CEO Guo Wei.
Guo said that the appreciation of the yuan also helped
pump in more profit for the company. "It allowed us to reduce costs such as
those from importing products from overseas," he said. "In the end it helped us
generate some HK$31 million (US$4 million) in net profit."
Digital China
expects to find more new customers, especially in China's electricity industry.
"This (electricity industry) is the sector that our company will be keen
to develop," Guo said.
Digital China is now providing software
integration and hardware integration services to more than 100 major companies
and organizations mainly from the banking, telecommunications, taxation and
government sectors.
Lin dismissed the rumour that his company was in
talks with Ingram Micro, the world's largest technology distributor, about the
latter buying 60 per cent of Digital China's distribution business for US$260
million.
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