Monday, April 14, 2008

LCD TVs now outselling CRTs

The market research firm said that fourth-quarter 2007 LCD TV shipments hit 28.5 million units, taking 47 per cent of total TV shipments during the quarter and surpassing the 46 per cent share for CRTs.

Global TV shipments grew 21 per cent quarter on quarter, and five per cent year on year, to 60.8 million units in the fourth quarter.

Total shipments reached almost 200 million units worldwide in 2007, and revenues exceeded $100bn for the first time.

LCD penetration was highest in developed regions, reaching 86 per cent in Japan, 84 per cent in Western Europe and 78 per cent in the US.

However, the strongest unit growth was in developing regions, such as Latin America, Asia Pacific, and Middle East & Africa, which rose 106 per cent year on year.


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