Alert! China faces loss of home appliances production capacity Worries.docVIP

 PAGE \* MERGEFORMAT 7 Alert! China faces loss of home appliances production capacity Worries Recently, Thailand’s Kasikorn Research Center, said the forecast released by signs of economic recovery become increasingly evident and significant rebound in consumer confidence, positive promotion of domestic appliance market in Thailand next year is expected to achieve positive growth, an increase of range of about between 4.0% -6.6% , the overall market size will reach about 83 billion -851 billion baht. The report said, with the desire of consumers to purchase an enhanced, large TVs, home theater mix as well as the high-end white goods such as household electrical appliances in Thailand will become the next hot commodity markets. However, due to the impact of zero tariff next year’s Association of Southeast Asian Nations, home appliance retail price competition will become fiercer. On the other hand, as China’s coastal manufacturing labor, and other associated costs, such as home appliance giants Japan and South Korea from overseas production capacity to accelerate the transfer of China’s inland areas, while the acceleration is greater in India, Thailand and other low-labor-cost regions tariff shift . Statistics show that Samsung Electronics has expanded its overseas production transferred to the inverter air conditioner factory in Thailand, the company is Thailand’s eastern Chonburi Sriracha production base of inverter air conditioner production line has been in volume production. The LG Electronics has begun production in Thailand, a new generation of LED LCD TV products. Meanwhile, the Japanese consumer electronics giant white goods such as production capacity to accelerate the transfer of momentum to Thailand is also quite obvious. October 10 of this year, Managing Director of Japan’s Toshiba Corp. to accept Thai media that will continue to expand investment in Thailand to further expand the production capacity in Thailand to local factories. Daikin Indus