LCD TV Shipments Show Lowest Growth on Record
LCD TV Shipments showed the lowest year to year growth on record, DisplaySearch reports.
LCD shipment growth fell to 9% in the first quarter, leading global TV shipments to just a 1% increase, year to year. Quarter to quarter, total shipments were down 29% to 55.2 million units, which is a sharper seasonal decline than usual.
Some of the lack of growth was a result of a slowdown in Japan. Consumers also may have reacted to companies efforts to stop the trend of falling prices as the market recovered from the recession.