The escalating trade war between the US and China has led to Chinese manufacturers like Moza competing with Western brands on affordability and quality. Marcus Wu, a 12-year-old gamer, opted for a Chinese gearshift over American brands due to its lower price and great quality. Chinese manufacturers have been excelling in the gaming industry, offering affordable and high-quality accessories like mice, keyboards, and simulator setups.
The Sham Shui Po computer market in Hong Kong is a popular destination for residents of mainland China who are looking for gaming equipment from both American and Chinese brands. While Western brands remain popular for big-ticket items like monitors and processors, Chinese brands are dominating the market for accessories. The gaming industry is estimated to be worth $300 billion by 2027, with China’s gamers contributing significantly to sales revenues.
The increasing quality of Chinese products has given vendors in Hong Kong an opportunity to capitalize on the market. Shoppers prioritize quality over the origin of the product and are choosing Chinese-made products for their better quality and cheaper prices. Analysts predict that Chinese-made tech products will continue to improve and grow in popularity across various industries.
The uncertainty caused by the trade war and potential tariffs on technology products has already led to higher prices. Companies like Dell, Logitech, and Corsair are facing challenges as the market landscape changes. Chinese manufacturers are expected to continue gaining market share, especially in the gaming industry. Ultimately, consumers like Marcus Wu and his father are benefiting from the affordable and high-quality products offered by Chinese brands in the market.
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