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Con­sumers to spend $1 tril­lion on elec­tron­ics in 2012

The Con­sumer Elec­tron­ics As­so­ci­a­tion (CEA) of USA ex­pects the global spend­ing on elec­tron­ics to slow down this year but still cross the $1 tril­lion mark.

CEA ex­pects smart­phones to drive the in­dus­try sales this year, as these did last year. The as­so­ci­a­tion also ex­pects tablet com­put­ers to help boost global sales. The pur­chases in emerg­ing mar­kets like In­dia, China and Brazil should also con­trib­ute to the in­dus­try sales this year.

Smart­phone and tablet sales, how­ever, will slow down—not be­cause of the slow­down in de­mand but as against their fast growth last year.

Fewer TV pur­chases this year

Ac­cord­ing to an Ac­cen­ture sur­vey, con­sumers in­tend to buy fewer tele­vi­sions this year and fewer are reg­u­larly watch­ing con­tent on them.

The sur­vey high­lighted that con­sumers are rapidly turn­ing to other con­sumer elec­tron­ics de­vices such as smart­phones and tablet com­put­ers to view me­dia, while also us­ing more on­line ser­vices and down­load­ing ap­pli­ca­tions for var­i­ous pur­poses, in­clud­ing en­ter­tain­ment.

The sur­vey found that the num­ber of con­sumers watch­ing broad­cast or cable TV in a typ­i­cal week on tele­vi­sions fell from 71 per cent in 2009 to 48 per cent in 2011. Con­sis­tent with this, the per­cent­age of con­sumers who in­tend to buy a TV set dur­ing the next year de­clined from 35 per cent in 2010 to 32 per cent in 2011.

So­lar sec­tor re­port card

Af­ter mon­i­tor­ing the so­lar sec­tor fund­ing and merger and ac­qui­si­tion (M&A) trans­ac­tions for 2011, Mer­com Cap­i­tal Group has an­nounced the fourth-quar­ter and an­nual re­port for so­lar. Ac­cord­ing to the re­port, In­dia re­ceived $95 mil­lion in ven­ture cap­i­tal (VC) fund­ing and over $1.1 bil­lion in large-scale project fund­ing in 2011.

Among In­dian com­pa­nies, so­lar project de­vel­oper Kiran En­ergy raised $30 mil­lion in Se­ries A fund­ing and $50 mil­lion in Se­ries B fund­ing, fol­lowed by Birla Surya with $15 mil­lion. The top large-scale project fund­ing deal in In­dia was the $694-mil­lion loan raised by Ma­ha­rash­tra State Power Gen­er­a­tion Com­pany for its 150-megawatt Dhule project ($338 mil­lion) and 125-megawat Sakri project ($356 mil­lion) so­lar power plants by KFW Group.

In­dian job mar­ket to boom this year

In stark con­trast to the fears of eco­nomic slow­down hurt­ing the coun­try,

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