New Market Study, "South Africa Consumer Electronics Report Q4 2013", Has Been Published
We retain our positive outlook for the South African consumer electronics market in 2013, but caution that the gloomy economic outlook as reflected by low business confidence, weaker than expected private consumption and rapid currency depreciation pose significant risks to our five-year growth forecast, through to 2017. The PC segment is the most vulnerable to a slowdown in consumer demand due to the adoption of new form factors such as smartphones and tablets. However, we expect the impact of any...
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