LCD-TV Market Expected To Cool, But Still Hot
Sunday
Manufacturers are expected to increase supply and decrease price of large televisions.The global market for liquid crystal display televisions is expected to remain hot next year, despite some cooling in sales, a market researcher says.
LCD-TV shipments are expected to rise by 57% next year to 62.5 million units, compared with 39.7 million units that shipped this year, iSuppli says. This year, sales rose 95% from 2005.
The slowdown is expected to be even more pronounced in terms of revenue, as manufacturers compete on price. Factory revenue would increase by 20% next year to $53.5 billion, up from $44.7 billion this year, according to iSuppli. Next year's projected increase represents a drop of 56 percentage points compared with 2006, when revenue soared 76% over 2005.
"Regardless of the slowdown, the LCD-TV market remains in a phase of explosive growth, mainly due to booming sales of large-sized sets," iSuppli analyst Riddhi Patel said in a statement.
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posted by Wasted Rage @ 12/31/2006 09:55:00 AM,
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Brock Raybon - Wasted Rage
Brock is a business owner by day and avid gamer and blogger by night. He writes about console and pc gaming, hdtv and technology news. Definitely a "CONSOLE FANBOY" born with a 2600 joystick in his hand.
Chris Lugo - Master Sinwave
Chris works in customer services by day and moonlights as a hardcore techie by night. He started gaming as a young lad with his trusty Atari and now plays it all from console to hardcore pc games. HE GIVES CONSOLE AND PC GAMES A FAIR SHAKE.
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