Wednesday, 20 February 2013

South Korea Consumer Electronics Market Report Q1 2013

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South Korea Consumer Electronics Report Q1 2013
Feb 20th 2013, 00:00

BMI View: We project that South Korean consumer electronics spending will grow by about 3% in USdollar terms in 2013 to US$14.4bn, with a moderation in consumer demand expected. In future, maturity inmany market segments means that growth will be driven to a large extent by product innovations such assmartphones and touch-screen handsets, as well as LED and 3D TV sets. The roll-out of digital TVbroadcasting ahead of analogue switch-off in 2013 will help support sales of premium TV sets.Smartphones, tablets and internet-enabled TV sets were among the main growth areas in 2012, with OLEDTV set technology a new competitive battleground for vendors. However, the market re...

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