LCD Television Shipments Surpass CRTs For First Time - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Hardware & Infrastructure
News
2/19/2008
02:51 PM
50%
50%

LCD Television Shipments Surpass CRTs For First Time

LCD TV shipments increased 56% year over year, to more than 28.5 million units, or 47% of the global television market, according to DisplaySearch.

Shipments of liquid-crystal display television sets outnumbered conventional picture tube TV sets for the first time in fourth quarter of 2007, according to figures released Tuesday.

DisplaySearch, a market research and consulting company, reported that worldwide television shipments grew 21% in the quarter over the previous quarter and 5% year over year. Shipments totaled nearly 200 million units in 2007 and revenues surpassed $100 billion for the first time, according to DisplaySearch. Revenue increased 10% year over year and 26% from 3Q to 4Q, when revenue grew to a record $32.9 billion, the company said.

LCD TV shipments increased 56% year over year, to more than 28.5 million units, or 47% of the global television market, compared to 46% for CRT TVs, according to DisplaySearch. From 3Q to 4Q, they rose 41%. Total LCD TV shipments in 2007 reached 79.3 million units, up 73% from 2006.

LCD TV revenue grew 34% year over year and 31% from 3Q to 4Q, bringing in $22.8 billion in 4Q and nearly $68 billion for the year. That's up 40% from 2006.

The average LCD screen size surpassed 32 inches for the first time in 4Q, while screens 40 inches and up accounted for 25% of the units sold and 44% of the revenue in 2007. In 2006, they accounted for 17% of the units sold and 33% of the revenue.

Western Europe overtook North America for the market share lead in LCD TV shipments at 32%, compared to North America's 31%.

On a brand share basis, Sony leapt ahead of Samsung for the top slot in LCD revenue shares (19.5%), but Samsung retained its lead for units sold.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
The State of Cloud Computing - Fall 2020
The State of Cloud Computing - Fall 2020
Download this report to compare how cloud usage and spending patterns have changed in 2020, and how respondents think they'll evolve over the next two years.
News
IT Employment Trending Up; Data, Cybersecurity Skills in Demand
Jessica Davis, Senior Editor, Enterprise Apps,  11/11/2020
Slideshows
The Ever-Expanding List of C-Level Technology Positions
Cynthia Harvey, Freelance Journalist, InformationWeek,  11/10/2020
Commentary
How to Approach Your Mission-Critical Big Data Strategy
Mary E. Shacklett, Mary E. Shacklett,  11/17/2020
Register for InformationWeek Newsletters
Video
Current Issue
Why Chatbots Are So Popular Right Now
In this IT Trend Report, you will learn more about why chatbots are gaining traction within businesses, particularly while a pandemic is impacting the world.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll