For more information, contact Gary Whitney at 408 367 6148, http://www.konkausa.com.
Konka Achieves First Year Goal Of 1% Market Share In U.S. Consumer Electronics Industry
After one short year in the U.S. market, global consumer electronics giant Konka USA Ltd. has reached its goal of becoming a mainstay in the America consumer electronics industry. Having achieved its sales goals of 250,000 units - equal to 1 percent market share - Konka is well on its way to becoming a success in the U.S. market. ""We have worked very hard over the last year in order to break into the American market and are ecstatic about our current standing in the industry,"" said Gary Whitney, Vice President of Sales and Marketing for Konka USA Ltd. ""We look forward to launching bigger and better products in 2000 and to reaching our next goal ñ 3 percent market share in the U.S. by the end of 2000."" Konka debuted its product line at the Consumer Electronics Show in 1999, and has since then garnered much interest in the industry. Konka gradually introduced its products into the U.S. market beginning with 13-inch, 19-inch and 20-inch analog television sets and later introduced the first of three DVD-Video players in time for the 1999 holiday buying season. In 2000, Konka plans on shipping larger analog televisions, additional DVD player models, and a complete line of high definition television products. About Konka Established in 1998, Konka USA Ltd. is headquartered in San Jose, California and is a subsidiary of the Konka Group Co., Ltd., a global consumer electronics company based in China. Established in 1980, Konka Group Co., Ltd. was the first sinoóforeign joint venture electronic enterprise in China. Konka products have been recognized as the ""National Best Selling Product"" in China, and its brand ""KONKA"" was granted ""The Most Famous Brand of China"" award.