Research and Markets: China Financial POS Machine Industry Report, 2009
DUBLIN--(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/aec51e/china_financial_po) has announced the addition of the "China Financial POS Machine Industry Report, 2009" report to their offering. In recent years, the quantity of network POS machines has increased rapidly in China. In 2008, China had 1.85 million POS machines, a 56.2% YoY rise. Franchise stores hit 1.18 million, up 59.9% year on year, the highest in past five years. The growth of POS machines has driven the development of many related markets. POS machine makers provide POS machines for banks and Unionpay which freely install them for merchants, and then get a proportional handling charge (about 1%) from POS machines' card consumptions. Network POS Machines in China will still be decided by the number of networking merchants. Promoted by Beijing Olympic Games and its industrial growth, the quantity of POS machines and merchants saw a respective growth rate of above 50%. It is estimated that demand for POS machine will maintain rapid growth rate since the current low penetration rate of POS machine and the 2010 Shanghai World Expo. Based on authoritative statistics from People's Bank of China, China Bank Industry Association, National Bureau of Statistics of China and Companies' Financial Statements, this report makes an in-depth analysis on the status quo of the Chinese financial POS machine industry, operations of key financial POS machine producers at home and abroad, and development environment for this industry. Also, it forecasts development trends of the POS machine industry. Companies Mentioned: * Fujian Landi Commercial Equipment Co., Ltd * Shenzhen Zhengtong Electronics Co., Ltd * PAX Technology Co., Ltd * Fujian Newland Computer Co., Ltd * Blue Bamboo Transaction Systems (Shanghai) Co., Ltd * Sunyard System Engineering Co., Ltd * Ingenico (Beijing) Corporation * SAND Information Technology System Co., Ltd * Sagem Security International Trading (Shanghai) Co., Ltd * GreatWall Information Industry Co., Ltd * Zhongchao Credit Card Industry Development Co., Ltd * Shanghai SVA Computer Co., Ltd * New POS Technology Co., Ltd * Shenzhen Xinguodu Technology Co., Ltd * Shanghai Potevio Co., Ltd * Shenzhen SED Industry Co., Ltd * Shenzhen Dingxinyuan Industry Co., Ltd * Fujian Star-net Communication Co., Ltd * SPECTRA Technologies Holdings Co., Ltd * INGENICO * VERIFONE * HYPERCOM * GEMALTO * NEC For more information visit http://www.researchandmarkets.com/research/aec51e/china_financial_po Research and Markets Laura Wood Senior Manager Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 press@researchandmarkets.com Copyright Business Wire 2009
© Thomson Reuters 2009 All rights reserved



