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Thursday, 21 February 2013

Hungary Consumer Electronics Market Report Q1 2013

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Hungary Consumer Electronics Report Q1 2013
Feb 13th 2013, 00:00

The Hungarian consumer electronics market is in no position to enjoy a recovery in 2013, with overalldemand expected to be flat in US dollar terms%, although there should be a few growth areas such astablets, ultrabooks and smartphones. The Hungarian consumer faces yet another tough year, as fiscalausterity, tighter credit conditions, weakening confidence, a still-large overhang of debt and elevatedunemployment levels all pose major challenges to households. However, the consumer electronics marketstill has considerable latent growth potential. Home computer penetration remains low compared withpeer group countries for example ? only slightly higher than Romania and B...

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