BMI View: Economic and political crisis in Brazil has hit consumer electronics spending hard, with steep
declines in 2015 and 2016. The outlook is subdued as a result of a sluggish economic recovery that means a
bounce back in device spending is unlikely, with the pur ..."
BMI View: Brazil's large electronics industry provided little insulation to the market in 2015, as a reliance
on imported components and a sharp deterioration in household purchasing power resulted in a sharp
contraction in spending on consumer electronics devices. We ..."
BMI View: We maintain our negative outlook for the Brazilian consumer electronics segment in 2016 as we
forecast this to be the final year of market contraction before returning to growth trajectory from 2017
onwards. Brazilian consumer electronics spending declined s ..."
BMI View: Brazilian consumer electronics spending declined sharply in 2015 due to recession and
depreciation, with a double-digit decline even in local currency terms. Spending is forecast to contract
again in 2016 as recession and further depreciation erode purchasin ..."
BMI View: Brazilian electronics retailers reported a steep drop off in spending in the first half of 2015,
with the PC and AV segments declining sharply even in local currency terms. As a result we made a
significant downgrade to the growth outlook for Brazil's consum ..."
An STB is a device that is connected to a TV in a user's premise. It enables end-users to receive unencrypted subscribed channels through an addressable system for viewing encrypted channels. The STB connects a TV to an external signal source and transforms the AV signal into ..."
BMI View: We made a significant downgrade to the growth outlook for Brazil's consumer electronics
market in the Q3 2015 update to reflect our Country Risk team's bearish outlook for economic growth and
performance of the real in 2015. Looking beyond the short-term dow ..."
BMI View: The outlook for Brazil's consumer electronics market has weakened as a result of the squeeze
from a weak economic environment and currency depreciation in 2014 and 2015. However, looking beyond
the short-term downside we believe there still exist major growt ..."
BMI View: The hosting of the FIFA World Cup in 2014 provided additional demand for TV sets and
smartphones in Brazil, partially offsetting the squeeze from a weak economic environment and currency
depreciation. However, the market underperformed its potential and this ..."
BMI View: the outlook for consumer electronics spending in 2014 is weaker than in recent years as a result
of a more challenging macroeconomic environment. However, the hosting of the FIFA World Cup should
provide additional demand for TV sets and smartphones. Other g ..."