European and US Consumer Electronics Sectors to Witness Recovery in 2021, Chinese Revenues to Continue Falling
Jastra Kranjec
June 16, 2021
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The COVID-19 has triggered a massive shift in consumer spending, directly impacting the consumer electronics sector and cutting down global revenues by $10.7bn in 2020. Although consumer electronics sales are expected to grow by 3.5% to $1.01trn in 2021, not all regions will experience an increasing trend. According to data presented by Stock Apps, European …
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