According to the Quarterly Global TV Shipment and Forecast Report, shipments jumped 23 percent over the same time the year before, to 7.2 million units. The move upward, which followed the first-ever year-to-year quarterly decline in shipments, was attributed to closeout pricing, as well as clearance sales as Circuit City went out of business.
DisplaySearch also found that Vizio has moved into the number one spot in LCD shipments, concurring with a survey released last week by iSuppli Corp. In overall sales, Samsung led, followed by Vizio and Sony.
Vizio is a relatively young TV brand in the US marketplace, but their strong alignment with mass merchant and warehouse club retailers seemed to put them in the right place at the right time with growing channels,” DisplaySearch's Director of North America TV Research, Paul Gagnon, said as part of the announcement.
“As LCD TV panel makers quickly return to nearly full capacity and simultaneously push panel price increases, the industry will have to carefully monitor the impact that slower retail price declines may have on consumer demand during the second half of the year to avoid a potential repeat oversupply situation.”
Click here for more information on the survey.
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