Sph Website
 
THE AWARD-WINNING WEBSITE: BEST IN ONLINE MEDIA (GOLD) - WAN-IFRA ASIA DIGITAL MEDIA AWARDS 2012
Singapore weather
25 °C
 -
33°C
 
PICTURES

Global tech industry uneven as sales of mobile devices surge

 
Published on Jan 07, 2013
11:34 AM

LAS VEGAS (AFP) - The global tech industry has become a tale of two sectors, with mobile devices surging at the expense of older electronics that are struggling, a forecast showed.

A survey presented ahead of the International Consumer Electronics Show, the biggest trade show of its kind, projects modest growth of four per cent for the industry expected to generate sales of US$1.1 trillion (S$1.35 trillion) this year.

But half of the revenues will come from mobile connected devices - smartphones, tablets and mobile computers, according to the forecast by the Consumer Electronics Association (CEA) and GfK Research.

The industry has been buffeted by the huge shift to mobile, and also by sluggish global economic conditions, especially in recession-hit Western Europe.

TO READ THE FULL STORY...

 
comments powered by Disqus