E-receipt scheme boosts Thai smartphone and computer sales in January

[webfact]

 

Sales of smartphones and computer products have soared by 30-60% in the first week of January, a trend that IT product vendors attribute to the government’s e-receipt programme. This programme, approved by the Cabinet, provides tax rebates of up to 50,000 baht (US$1,435) for individuals not qualifying for the digital handout and is slated to run from January 1 to February 15.

 

Dusit Sukhumvitaya, CEO of Jaymart Mobile, acknowledged a sales decline in December, attributed to a muted economy. However, he noted that demand rebounded in the final week of December, coinciding with promotional campaigns, and surged in January’s first week by 30-35% following the e-receipt scheme’s launch. This uptick reflects the delayed demand for specific smartphones, predominantly the Galaxy Ultra S23 model.

 

Several new mobile phones, including the Samsung Galaxy Ultra S24 with artificial intelligence (AI) capability and a premium segment model by Xiaomi, are set to be launched this month. Dusit anticipates an improvement in smartphone sales in the first quarter, awaiting the digital wallet scheme’s launch and the new government budget spending in the subsequent quarters.

 

by Alex Morgan

Photo courtesy of iStock

 

Full story: The Thaiger 2024-01-09

 

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[flyingtlger]

10 minutes ago, webfact said:

Samsung Galaxy Ultra S24 with artificial intelligence

Gotta get me one of those....

[hotchilli]

3 hours ago, webfact said:

Sales of smartphones and computer products have soared by 30-60% in the first week of January, a trend that IT product vendors attribute to the government’s e-receipt programme

BS