Report Published: "Consumer Electronics in the Czech Republic"
Consumer electronics continued to decline in 2011. Sales were pushed down by the decreasing trend of mature categories with products going out of fashion, such as portable MP3 players, Hi-Fi systems and digital camcorders. These products face strong competition from mobile phones, or newer technologies such as HD camcorders. Furthermore, the economic downturn still played a strong role in 2011 as consumers did not dare to spend a high percentage of their disposable incomes on consumer...
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