Consumer Electronics Firms Anticipate Another Strong Year Thanks to DTV, Gaming - Radio World

Consumer Electronics Firms Anticipate Another Strong Year Thanks to DTV, Gaming

Consumer Electronics Firms Anticipate Another Strong Year Thanks to DTV, Gaming
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The CES show opens this week and Radio World will be in attendance, keeping an eye out for digital news and other new media developments that affect you.
The organization said factory sales of consumer electronics will reach a new high of $135.4 billion this year. Association President/ CEO Gary Shapiro said sales exceeded his expectations in 2005, totaling $125.9 billion, and the group forecasts 8 percent growth in 2006.
CEA said 2005 totals exceeded its initial projection of $122 billion, increasing by 11 percent over 2004, and attributes much of the growth to "next-generation" products and innovations in wireless devices, flat-panel displays, MP3 devices and gaming consoles and software. It sees strong sales of DTVs helping overall CE sales increase this year.

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