Gadget Sales to Top $1 Trillion in 2012

Published January 09, 2012| Associated Press

[quote]Developing countries like China and India will drive global sales of consumer electronics above $1 trillion this year for the first time, even as cash-strapped shoppers in the U.S. and Western Europe ease off spending for high-tech gear, industry analysts said Sunday.

Developing countries will account for 46 percent of global gadget sales in 2012, up from 37 percent four years ago, according to GfK Boutique Research and the Consumer Electronics Association.[/quote

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