August 02, 2011 07:00 ET

Dramatic Growth Expected in Consumer Electronics Industry

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the CAPITAL NEWS CIRCUIT.

NEW YORK, NY--(Marketwire - Aug 2, 2011) - In a report issued earlier this year, has estimated that the Consumer Electronics Industry will grow to over $289 billion by 2014. This figure represents an increase of over 14% from 2009. The market will primarily be driven by audio/visual equipment and gaming consoles for domestic use. (

Celia Bo, an industry analyst for ABI Research mentions the increased demand for Wi-Fi enabled consumer devices are set for strong growth in the coming years ( Companies that will be best suited to take advantage are those with a wide array of Wi-Fi enabled devices on the market already. Panasonic Corp (NYSE: PC), Nokia Corp (NYSE: NOK), Motorola Mobility Holdings (NYSE: MMI) and new comers like Nyxio Technologies (PINKSHEETS: NYXO).

Nyxio Technologies offers consumers a multitude of devices with built in Wi-Fi connectivity including the company's flagship product, the Viosphere Smart TV -- the world's only integrated flat-screen TV and PC. For more information, please visit their website at

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