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Egypt Consumer Electronics Q2 2018

Egypt Consumer Electronics Q2 2018

BMI View:

There was a sharp contraction in/Consumer Electronics/Q2 2018 device spending in Egypt in 2017 because of the devaluationthat reduced local currency affordability and so resulted in deferred purchases in what was already a price sensitive market. Thisdoes, however, mean there is potential for particularly strong medium-term spending growth because vendors can benefit frompent-up demand and the ongoing process of device ownership proliferation in major product categories such as smartphones andflat-panel TV sets.

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Consumer Electronics

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