Digital @ AsiaOne

What economic woes? Buyers snap up IT items

Sales spike in big-ticket items like laptops, PCs and HD camcorders in first half of year.

Thu, Aug 21, 2008
The Straits Times

By Chua Hian Hou

IF THERE is an economic slowdown, no one has told Singapore's consumers, who have continued splurging on expensive, high-tech gadgets such as top-of-the-line camcorders, computers and cameras.

Sales of such big-ticket items rocketed in the first half of the year and have come in well up on the same period last year, according to a new survey.

While Singapore consumers 'are extremely savvy and keeping their eye on the economy', they are certainly still spending, said Mr Lee Risk, director of technology research firm GfK Asia, which compiled the report.

For the full story, visit straitstimes.com

 
 
 
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