Electronics vendor Veho is expecting a £20 million worldwide turnover this year in spite of the recession.
UK sales director Ben Vallance told PCR the company saw year-on-year sales more than triple last year and, with a number of well-received products launched this year, that success is set to continue.
“Perhaps where this year the big guns have found market conditions difficult, we have continued to expand and flourish,” he said. “We feel the best time to develop new products is in a recession, when the rest of the market may postpone product releases.”
One of Veho’s big hits this year was Muvi, the world’s smallest DV camcorder.
Read what else Ben Vallance and Veho founder Steve Lewis had to say here.