Spending on electronics such smartphones, netbooks and LCD-TVs rose during 2009, despite the first post-WWII fall in global per capita income. Cash-strapped consumers will cut back on desirables such as restaurant meals, says iSuppli, but electronics remain must-haves.
– Electronics are a top priority even for cash-strapped consumers,
beating out other desirables when money becomes tight, according to a
March 18 report from iSuppli.

While 2009 worldwide per capita income declined by 2 percent the
first ever annual decrease in the post-World War II era re…