BMI View: Consumer electronics spending growth was constrained by a challenging economic environment in 2012, and although conditions have improved slightly in 2013, we expect growth to remain muted. However, growth will accelerate as economic conditions improve from 2014. Even with these challenges, we expect growth to remain positive across all three segments of the market, with spending driven by several underlying trends. Consumer electronics retail sales drivers include growing affordability of digital products as price competition from East Asian vendors intensifies, retail channel expansion, digital TV conversion, as well as 3G and 4G wireless data network infrastructure investments. Demand …
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