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General

German telecom hardware market grows 13%

Monday 19 November 2018 | 15:42 CET | News
Strong growth in the telecom segment helped the German consumer electronics market post modest growth of almost 1 percent in the first nine months of 2018, according to the Hemix report from industry group GFU. Telecom revenues rose 12.7 percent to just under EUR 8.5 billion, compared to a fall of 8.6 percent in traditional CE to EUR 6.2 billion, and a drop of 4.0 percent in IT equipment sales to EUR 4.3 billion. 

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Categories: General
Countries: Germany
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