About 300 of the estimated 3,000 computer shops in Thailand have closed their doors this year, according to spokesmen for the information technology sector.
The contraction of the IT market was attributed to declining notebook computer sales, which plunged more than 20% year-on-year. As a result, many retailers were carrying excess inventory and had low liquidity.
Buyers were turning to smartphones and tablets despite the introduction of new processors and operating systems for notebooks.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.