BMI View: BMI has left unchanged its consumer electronics market forecast for 2013, after the market was affected by tighter consumer credit in 2012. Consumer loan growth continued to show signs of moderation in H212, as the economy rebalanced from debt-fuelled consumption to a more balanced model with a greater role for exports. However, consumer electronics sales remain strong in key categories, such as smartphones. Turkcell reported strong growth in revenues in 2012, driven by an increased number of smartphone users on its network. Meanwhile, the government’s FATIH programme to provide tablets for school students is expected to have a …
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