Consumer Electronics Growth in 2011 Predicted At 5.6% in US


Smartphones and tablet customers will drive the consumer electronics income to a new record high of $190 billion this year, according to a report made public by  Consumer Electronics Association on Monday.

Purchases of such devices like Ipad and Android based tablets will reach 26.5 million units in selling with a total of $14 billion in revenue, said the leading industry trade group. Also the smartphone sales will increase by 45% to $23 billion.


source: Reuters

via: MSNBC