CES Shaping Up as Tame Time in Sin City

Dec 29, 2008  •  Post A Comment

Next month’s Consumer Electronics Show in Las Vegas is expecting an 8% drop in attendance, with tough economic conditions forcing companies to rethink their presence at the show, the Los Angeles Times reports. Many of those companies, including Cisco Systems, Panasonic Corp. and Belkin International, are sending fewer people or forgoing booths on the main floor in favor of hotel suites, the newspaper says. Also, more consumers have begun limiting their electronics purchases to smaller devices, and the re-evaluated growth forecast for the fourth quarter of this year has been dropped from 3.5% to only 0.1%, the newspaper says.
—Sergio Ibarra

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