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Buying tech wisely
Tan Jee Yee | 03 Nov 2017 00:30
Technology like laptops and smartphones are now essential to our everyday lives. But you might be overpaying for them – Freepik.com

MALAYSIANS love their technology. A 2016 study by Ernst & Young Advisory Services Sdn Bhd found that digital consumers spend an average of almost 14 hours a day on their devices, with 87% of them on the Internet.

It’s no surprise that in July, Germany’s largest market research organisation GfK said Malaysian consumers bought around RM6.8 bil worth of smartphones last year, rising from RM5.4 bil in 2015.

Gartner, a world-leading US-based research and advisory company forecasts Malaysia’s IT spending to reach RM71.7 bil this year, an 8% year-on-year increase.

Gadgets and techs like smartphones, televisions, and computers are essential to our lives, be it for work, communications or leisure.

There’s no doubt we will continuously spend on it. The question is whether or not we are spending wisely.