New Market Study Published: Saudi Arabia Consumer Electronics Report Q4 2012
BMI View: Saudi consumer electronics spending will grow by about 7% in US dollar terms during 2012. In 2012, wage hikes and government largesse should continue to provide a boon for consumer electronics sales. Demand will be supported by a favourable trading environment with Saudi King Abdullah's US$93bn in handouts, including wage increases, supporting spending on big-ticket lifestyle products such as smartphones and flat-screen TV sets in 2011. Over BMI's five-year forecast period, Saudi Arabia is forecast to be one...
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