Confident consumers likely to propel rise of nation's tech firms

Increasing confidence in personal data security and rising disposable incomes in China offer local companies a "great opportunity" to become worldwide leaders in the new wave of consumer technology, according to consultancy Accenture Plc.

The firm's digital consumer survey showed that purchasing intentions in China are high and rising for traditional device categories such as smartphones, tablets and laptops, while those in other parts of the world are declining.

About 54 percent of the 24,000 respondents in 24 countries said they plan to buy smartphones in the next 12 months, down 4 percentage points from last year's survey.