LCD Shipments Have Year-Over-Year Drop
Shipments of LCD TVs in the U.S. are expected to decrease year over year for the first time ever.
According to research firm iSuppli Corp., LCD shipments will drop 1.2 percent this year to 31.9 million units, down from 32.3 million last year.
“Year after year, in both good economic times and bad, U.S. consumers always have found a way to devote more of their disposable incomes to purchasing sleek, new flat-panel LCD TVs,” Riddhi Patel, director and principal analyst, television, for iSuppli, said in a statement. “However, in 2010, the realities of the economy finally caught up with the LCD market, causing sales to decline for the first year ever. Despite this setback, shipments will resume their growth in 2011 as consumer confidence rises again.”