Tuesday, December 23, 2008
By Chris Tribbey | Posted: 18 Dec 2008
Since 2000, LCD HDTV manufacturers have enjoyed year over year sales growth. According to research firm DisplaySearch, that’s going to change in 2009.
The state of the economy and the drop in retail prices will result in a drop in shipments and as much as a 16% drop in revenues from 2008, to $64 billion.
Nearly 120 million LCD HDTVs will be shipped, down nearly 12 million from the firm’s previous forecast, with lowered growth in North America, Japan and Western Europe. Thiry-two inch HDTVs will see the largest drop off, as demand for those sizes drops.
For more information about the report, visit www.displaysearch.com.