China electronic 100 plummeted 53% huawei Beijing profits Oriental big losses
                                                                          Release time ：2005-08-19

   NDRC economy operation bureau concerned personage points out, "different industries have different reasons, but the fierce market competition and the price war is the main reason for the industry's profits down."

Electronic 100 profits plummeted 53%, Beijing Oriental, huawei, TCL group appear bigger losses

Reporters from the national development and reform commission yesterday economic operation bureau that after two consecutive years of growth, in the first half of this year our country electronic industrial realized total profit total 336 billion yuan, and profit margins, 5.5 per cent year-on-year drop for only 3% or so, the lowest level since 1999.

One of consumer electronic products more difficult to profit from the ministry of information industry, our reporter, according to the data from the "electronic 100" 1 to 5 months this year realization profit total 48 billion yuan, 53%, year-on-year drop in 10 enterprises which have six profit plunged, Beijing Oriental, TCL group and huawei appear bigger losses.