New Market Research Report: Hong Kong Consumer Electronics Report Q2 2014
Hong Kong is home to a vibrant consumer electronics market due to high incomes and strong demand for the latest products among local consumers. However, spending growth on consumer electronics devices slowed in 2012 and 2013 due to a combination of a weaker economic environment, price erosion and high penetration of devices in key markets. While growth rates will necessarily underperform emerging markets in APAC due to high penetration, short replacement cycles in key product categories such as smartphones and...
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