Sharechat Logo

Smart washers, toasters spur review of government's $23B ICT survey

Tuesday 19th March 2013

Text too small?

The spread of computer chips into products as diverse as washing machines, toasters and medical equipment is forcing Statistics New Zealand to overhaul its biennial technology survey.

Trading in information and communication technology goods and services was worth $23 billion in 2012, up 17 percent from the last survey in 2010, according to the government statistician.

Of that, $10.1 billion was made up of sales of a widening range of so-called smart goods products and $12.6 billion came from services such as mobile and fixed-line connections, internet access and cable.

"The challenge is to keep pace with how quickly the definitions and perceptions of these technologies change," said the department's ICT manager Hamish Hill. A

review of future ICT surveys is on the cards, he says.

New Zealand is part of a global trend in the proliferation of high-tech goods and services. Global spending on consumer electronic devices, for example, is projected to reach US$1.1 trillion this year, the Los Angeles Times reported in January, citing

the Consumer Electronics Association.

New Zealand's $1.6 billion of information and communication technology exports last year included household appliances and medical goods, security systems and climate control devices. Exports sales were up 4 percent compared with 2010.

Still, Hill says the results of the latest survey haven't been thrown off track by the inclusion of more non-traditional products and services.

"If you look at more traditional ICT goods, like computers and cell phones, the sales have still gone up so the survey is reflecting the overall growth," he says.

'Traditional' communication services such as cell and fixed phone connections generated $7 billion in 2012. The value of Internet connections was $1.3 billion, up 44 percent from 2010.

The survey shows a rise in sales volumes - thanks to smart phones and tablets - which is offsetting a fall in prices of products such as laptops.

However sales of ICT audio-visual goods such as flat-screen televisions and Blu-ray players fell 5 percent to $1.1 billion, even as the volume sold increased.

NOTE: please be advised to read full articles from Business Desk Website, you will have to pay a subscription fee on their website.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

NZ dollar holds gains on improved dairy, bank capital outlook
MARKET CLOSE: NZ shares gain; banks rally on Reserve Bank capital decision
NZ dollar rises; bank capital rules less harsh than expected
RBNZ relaxes capital requirements, allows preference shares, extends phase-in
NZ dollar extends gain amid mixed US data, possible trade progress
MARKET CLOSE: NZ shares dip on eve of major regulatory decisions
NZ dollar sees off global headwinds, holds above 65 US cents
NZ dollar holds above 65 US cents; dairy auction prices mixed
Dairy index falls on weaker butter, milk fat demand
MARKET CLOSE: NZ shares join global decline; US tariff move weighs on exporters

IRG See IRG research reports