New Market Report: Colombia Consumer Electronics Report Q2 2014
Domestic demand remains strong in Colombia and will continue to support growth in consumer electronics spending over the coming quarters. The burgeoning middle class and private sector credit growth will stimulate household consumption, and as incomes rise an increasing share of spending will go on consumer devices. This will allow vendors to tap into the relatively low penetration rates in key device categories such as PCs, smartphones and flat-panel TVs. Additionally, the government and telecoms operators are promoting the development...
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