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(From SinoCast China IT Watch)
CHINA, August 13, Sinocast -- The huge gap between the production capacity and actual sales volume has raised great concern in China's air-conditioner industry. It is estimated that the home air-conditioner manufacturers have more than 8 million units in their warehouses to the present moment.
Moreover, a large amount of products under the original export orders are trying to find their ways into the domestic market.
Therefore, the air-conditioner market situation in 2005 is not so optimistic as expected.
Matsushita Electric Industrial Co., Ltd., a Japanese electronic appliance producer, once was reported …