Demand for flat panel televisions will surge in the next four to five years, it has been predicted.
According to the Japan Electronics and Information Technology Association (JEITA), demand for flat panel televisions will double to 180 million units by 2012.
This augmentation will largely be as a result of strong sales in China and the United States, the Japanese industry group said.
Demand for liquid crystal display (LCD) TVs is expected to rise to 155 million units over the period in question, up from the 74.8 million sold in 2007.
Meanwhile, demand for plasma TVs is likely to augment to 25 million units in 2012 from 11.4 million last year.
A JEITA spokesperson suggested that, although the forecasts are based only on expected demand from 51 nations, as the major countries are included in the study the predictions should prove representative of global demand, Reuters reports.
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Tuesday, April 8, 2008
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