New Market Report: Home Audio and Cinema in Hong Kong, China
Home audio and cinema recorded retail volume growth of 4% in 2011, with volume sales reaching 337,000 units. Home audio and cinema is mature, and consumers replace products only once every few years. Also, compared with other consumer electronics, such as computers and smartphones, new product launches and advertising efforts for home audio and cinema are not as aggressive. The steady growth in this category is due to the healthy economy of Hong Kong. "Scheme $6,000", was implemented by the...
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