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GfK TEMAX Hong Kong - Q4 2009

Hong Kong out of the red with 21% quarter-on-quarter growth - IT seeing a record 75% increase

Hong Kong, 15 February 2010 – The last quarter of 2009 brought good news to the Hong Kong market, finally growth after seeing red for the earlier quarters. At HK$10.6 billion, this translated to a good 21% quarter-on-quarter growth.

This is made possible by the good growth in the IT sector, a record of 75% quarter-on-quarter. All sectors, except Telecom, grew this quarter compared to last year. Year-on-year, the Hong Kong electrical appliances tracked by TEMAX declined by some 2%.

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The full report and press release for Q4 2009 are available to download in English.

GfK TEMAX is a service from GfK Retail and Technology, the world's leading market researcher tracking technical consumer goods in more than 80 countries.

For more information, visit our website www.gfkrt.com.