Market Report, "Luxury Electronic Gadgets in Sweden", Published
Luxury electronic gadgets have practically vanished from the Swedish market and value sales dropped by a further 49% in 2013. Luxury MP3 players are already out of the market when Bang & Olufsen withdraw its MP3 player in 2012. Competition from standard smartphones equipped with music-playing features meant that luxury MP3 players were withdrawn due to the lack of demand. Swedes are mainly technology driven in their choice of mobile phones and they prefer the latest technological innovations...
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