Malaysia Consumer Electronics Report Q1 2013 - New Market Research Report
BMI View: We project that Malaysian consumer electronics spending will grow by about 6% in US dollar terms during 2013 to US$8.7bn, with strong sales of smartphones and LED TV sets reported in H12. Despite a sharp moderation in consumer demand apparent in early 2012, sales remained relatively robust in these key consumer electronics product segments. We expect private consumption to accelerate towards 5.5% in 2013, mainly due to the positive effects of cash handouts and increased welfare spending by...
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