(Reuters) - Competition in China'ss consumer electronics market, which is expected to reach $100 billion by 2008, is stiffening with GOME's main rival, Suning Appliance Co. Ltd. , stepping up expansion and U.S. competitor Best Buy opening in Shanghai last year.
GOME said on Tuesday that with its parent, GOME Electrical Appliances Group, it aimed to boost market share to more than 20 percent by 2011, up from its present 12 percent.
Read more at Reuters.com Market News
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