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Electronics firms toast great year
Latest Updated by 2007-01-17 11:20:08
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Lenovo Group Ltd, China's No. 1 personal-computer maker, Huawei Technologies Co and the nation's 98 other leading electronics companies said sales in the first 11 months of 2006 rose 16 percent from a year earlier as exports grew.

China's 100 biggest electronics companies' revenue in the 11 months ended November 30 increased to 940.8 billion yuan (US$121 billion), the Ministry of Information said in a statement on its Website.

The companies' exports rose 27 percent to 255.2 billion yuan. Sales at Lenovo were 121.8 billion yuan, a rise of 36 percent from a year earlier. Revenue at the Haier Group, China's largest maker of home appliances, gained three percent to 102.5 billion yuan, while Huawei's sales climbed 39 percent to 52.9 billion yuan.

Editor: Yan

By: Source: Shanghai Daily web edition
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