Friday, 25 January 2013

Thailand Consumer Electronics Report Q1 2013

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Thailand Consumer Electronics Report Q1 2013
Jan 25th 2013, 00:00

BMI View: BMI expects the Thailand IT market will grow by around 12% in 2013. Spending growth was buoyant in Q112, with PC sales making a strong recovery and strong demand for tablets and smartphones. However, PC sales and mobile handset sales decelerated sharply in Q212, in part as consumer sentiment moderated. BMI expected sales in both categories to rebound in H212, boosted by seasonal factors and a wave of new product releases.In 2013 consumer electronics spending is expected to grow 12%, even as high fuel costs and uncertainties over employment dampen consumer spending. In our view the main driver will be product innovation such as LED and 3D TV sets, tablets and smartphones.

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