Global TV shipments have fallen by eight percent in the first quarter of 2012. For the first time in history, LCD TV shipments have slipped 3 percent year-over-year.
According to research firm DisplaySearch’s latest Advanced Quarterly Global TV Shipment and Forecast Report, overall global shipments of TV in Q1 of 2012 declined eight percent year-over-year to 51 million units.
“Soft demand and cautious expectations about the upcoming year in many parts of the TV supply chain have led to a slowdown in shipments,” noted Paul Gagnon, NPD DisplaySearch Director of North America TV Research. Gagnon added, “Key component prices, such as LCD panels, are not expected to decline much in 2012, and many brands are concentrating on improving their bottom line. Both of these trends will contribute to slowing unit volume among a price conscious consumer market.”
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