Set-tops set to grow consumer market

Set-tops set to grow consumer market
Alex Mayhew-Smith The production of consumer electronics in Europe has been forecast to grow by 5.5 per cent in 1998. The growth forecast comes despite strong competition from regions with lower labour costs, says a survey carried out by industry analysts Strategy Analytics. Although much of the market has reached a maturity that is slowing down growth, the rising product is the digital set-top box. Over 20 companies produce set-top boxes, and mergers and acquisitions are to be expected over the coming years, forecasts the survey.


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