LED Sales Double in U.S.
LED-backlit LCD TVs saw their share of the U.S. market double in the first quarter, according to a survey released Monday by research firm iSuppli Corp.
The TVs took up 12 percent of all TVs purchased by U.S. consumers in the first three months of 2010, up from 6.1 percent in the fourth quarter of last year. iSuppli attributed the gain to more availability as well as lower prices.
“From initially being available only at Consumer Electronics (CE) retailers and online stores, LED-TVs now can be bought at club stores, such as Costco Wholesale Corp., and in mass merchandisers, like Wal-Mart Stores Inc. Moreover, both value and premium brands have started offering LED-TVs in smaller models—including the 19-, 22- and 24-inch sizes—broadening their appeal and accessibility," iSuppli's principal analyst for TV systems, Riddhi Patel, said as part of the announcement.