BMI View: BMI has not altered 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 early 2013 as the economy rebalanced from debt-fuelled consumption to a more balanced model with a greater role for exports. 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. Vodafone and AVEA also reported surges in smartphone numbers. The government’s FATIH programme to provide tablets …
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