$160 bln of consumer electronics to sell in 2007

Total factory-to-dealer sales of consumer electronics will surpass $160 bln in 2007 according to Consumer Electronics Association. CEA predicts accessories sales will reach almost nine bln dollars with over 317 mln accessories units shipped in 2007. The single largest contributor in terms of dollar sales continues to be display technologies. Forecasted to reach shipment totals of $26 bln for 2007, the display category (including flat screen digital televisions) continues to grow as consumers embrace digital technologies with over 30 mln digital televisions projected to ship by year’s end. CEA is projecting that over $20 bln will be spent on portable devices, an increase of 12% over 2006.