Wednesday, March 14, 2007

IT Show rakes in record sales of $48 million



Gadget-crazy Singaporeans kept the cash registers at the IT Show ringing over the weekend, as vendors raked in combined sales of $48 million — a record in the show's 16-year history.

The top three items on most buyers' shopping list: High Definition Television (HDTV) sets, Sony Playstation 3 game consoles and laptop computers.

Over four days, 718,000 people thronged the Suntec Singapore International Convention and Exhibition Centre — also a record.

Last year, 630,000 people visited the show, and spent $34 million.

While the desire to beat the GST hike may have prompted some purchases, general manager of organiser Eastern Directories Melvin Koh said sales of the top three items reflect the high IT penetration in Singapore society.

He said some buyers were stocking up HDTV sets in anticipation of the wave of HDTV programmes set to hit the screens, while others were quick on the draw for the Sony Playstation 3 game consoles, released here last Wednesday.

"Singapore society is technology driven and is fast becoming the launching base in Asia for technology. There is high IT penetration and absorption of technology," said Mr Koh.

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