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Global TV Market Declined 6 Percent in 2013

March 17, 2014
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The global market for televisions posted a 6 percent decline in 2013, after dropping the year before, according to a report issued late last week by IHS Technology.

The report, “Worldwide TV Tracker – Q1 2014,” stated that 225.1 million units of TVs were sold in 2013, down for 238.3 million in 2012. This followed a 7 percent decline the year before.

“The global TV market continues to be in transition following a golden period of tremendous growth from 2009 to 2011,” Jusy Hong, principal analyst for consumer devices at IHS, said as part of the announcement. “Television shipments were down again in 2013 just like in 2012, but an unusual development was the slow market last year in China, Asia-Pacific and Eastern Europe—until recently among the brighter spots for the industry.”

 

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