China Account for 70% of the World Clock Supply with 1000 Companies
Supplying Analog and Digital Clocks

DUBLIN, Ireland--(BUSINESS WIRE)--Dec. 1, 2005--Research and Markets
(http://www.researchandmarkets.com/reports/c28683 ) has announced the
addition of Global Sources new report: China Sourcing Report: Clocks
to their offering.


This Report Provides:

Deep profiles of 20 major clock manufacturers with an in-depth look at
their production facilities, export capacities and future plans. These
profiles are based on personal factory visits and interviews with
senior managers

Short profiles of an additional 55 suppliers with key facts such as
manufacturing capacities, technologies used, export ratios and key
export markets

A product gallery of 190 best-selling clocks from China, with detailed
product specifications and full-color pictures

The results of our most recent Supplier Survey giving insights into
future pricing, production, sales and R&D trends

This report covers: analog wall/table clocks, alarm/multifunction
analog wall/table clocks, novelty/decorative wall/table clocks, floor
clocks, alarm/multifunction digital wall/table clocks, novelty digital
table clocks

Benefits of This Report:

Learn how the use of recycled plastic in clock and movement casings is
affecting product cost and quality from China

Find out which companies are moving to digital clock production, and
which are focusing on decorative wall, table and floor clocks

Discover how in-house manufacturing of movements and modules will
affect the price and quality of clocks over the coming 12 months

Identify the innovative new functions top China manufacturers are
adding to analog and digital clocks

Topics Covered
INDUSTRY OVERVIEW
Supplier demographics
Products and prices
Materials and components
R&D
Manufacturing
Production hub: Fujian
Supplier survey -- projected export prices, export sales, R&D
spending, R&D focus, target
markets, equipment purchase plans, capacity expansion, hot
product lines
Taiwan industry overview

SUPPLIER PROFILES
Products
Manufacturing
Outlook
Popular export models

PRODUCT GALLERY
Basic analog wall clocks
Alarm/multifunction analog table clocks
Novelty/decorative analog table clocks
Floor clocks
Alarm/multifunction digital table clocks
Novelty/digital table clocks


SUPPILER CONTACT DETAILS

Summary

Seventy percent of global clock supply is produced in China, where
1,000 small-to-large suppliers make a full range of analog and digital
clocks. The United States imported more than one-third of Chinas total
output of US$450 million in 2003.

Production is based almost entirely in Guangdong province, and
consists mainly of low-end premiums models. Basic quartz analog wall
and table clocks currently lead output with a 37 percent share, with
multifunction digital models second at 21 percent. Next year, expect
multifunction digital clocks and novelty decorative quartz analog
clocks to grow to prominence as makers consider these two categories
have the best export growth potential. The market is already saturated
with low-cost quartz analog clocks, which go for as little as 20 cents
in Fujian province. In addition, the cost of producing an analog clock
has increased to levels where clock manufacturers either have to cut
profit margins or raise product prices.

Steps toward producing more multifunction digital clocks are already
being taken. An increasing number of makers have either shifted or
started production of digital clocks, a category where more value (in
terms of function and design) can be added at the same cost as for a
basic quartz analog model.

One of Chinas largest clock manufacturers, Fuzhou Reida, built a new
factory early this year which will be used exclusively for digital
clock production.

The majority of companies that produce digital clocks make the modules
-- which account for 60 percent of the products cost -- in-house using
outsourced components.

More companies are making movements in-house as well. Eight of the 20
companies we visited for this report now make the movements they use
for their clocks, and one has plans to do so by next year.

OEM and ODM orders comprise 45 to 90 percent of Chinas clock output.
Suppliers in this report produce clocks for Wal-Mart, Target, Metro,
Kmart, Jusco, Daiso and IKEA. Some are also licensed manufacturers for
Citizen, Seiko, Snoopy and Disney.

Despite the focus on OEM, many makers have developed their own brands
which they are actively promoting in international markets. Clocks
that carry suppliers own brand names make up 15 to 35 percent of
exports, on average. In some companies, 90 percent of clock exports
carry the suppliers own brand name.

For this report, we have classified clocks into six major categories:
basic analog wall and table clocks, analog alarm and multifunction
wall and table clocks, analog novelty and decorative wall and table
clocks, floor clocks, digital alarm and multifunction wall and table
clocks, and digital novelty table clocks. The products and prices
section on page 8 has price guidelines for each of the six categories.

To produce this report, Global Sources teams toured the factories of
20 companies in the mainland and spoke with top-level executives who
discussed their 2004 performance and provided forecasts for 2005.

For more information visit http://www.researchandmarkets.com/reports/c28683