E-commerce sales of consumer electronics products expanding
By Simon Bryant | China Daily | Updated: 2016-11-18 07:37
The worldwide consumer electronics market will be worth around $686 billion worldwide this year, but will only have marginal growth of 1.5 percent.
The slowing demand for many of the key categories and the rise of e-commerce has affected the value growth in the sector.
The share of sales from "pureplay" global online players such as Amazon, eBay and local players such as in China, Taobao and JD.com, has been growing worldwide - particularly for smaller, less complicated and cheaper products and as mobile devices and accessories are taking a growing share of the business.
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