Monday, May 23, 2016

Consumer electronics manufacturers want to re-invest in 2017

According to Abinee (Brazilian Association of electrical and Electronics Industry), most consumer electronics companies executives already demonstrates believe in a recovery of the economy and say you want to re-invest from next year.
Of the companies that have suspended contributions in increasing productive capacity until April of this year, 47% plan to resume them from 2017; 33% by 2018.
"The numbers surprised us and show a reversal of expectations, despite the economic changes are still embryonic," says Humberto Barbato, Executive President of the entity.
Short production the production of electric and electronic segment shrank 26.8 percent in the first quarter of this year compared to the same period in 2015-a decrease greater than the general industry (11.7%) and processing (11.1%) in the period. "Last year was pretty bad in the domestic market and exporting vocation, we now try to resume targets, but still looking for foreign trade just when Brazil goes bad," says Barbato.
In retail, the sector also felt the crisis, as most of the trade, but tends to do better in the coming months if the economy show signs of recovery, analyzes Christian Travassos, Fecomercio-RJ.
Also in February, 17% of Brazilians wanted to buy durable goods, and of that percentage, a majority thought in electronics, research entity in point partnership with Ipsos. "Consumers just need to feel comfortable," he concludes.
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