je.st
news
4K TV growth strong in Q1 as LCDs shipments slow
2015-06-09 09:07:00| Telecompaper Headlines
(Telecompaper) 4K LCD TV shipments grew nearly 400 percent year-on-year to reach 4.7 million units worldwide in Q1 as overall LCD TV shipments slowed, according to a report by IHS. Volume barely dropped from the seasonally strong Q4 2014, with especially strong demand in China during the Chinese New Year holiday season, according to the report. However, growth for the rest of the TV market was not as robust in Q1. Overall TV shipments, including LCD, plasma, OLED, and CRT, fell 2 percent year-on-year, while LCD TV shipments alone rose almost 3 percent. Based on revenue, Samsung Electronics was the top brand shipping 4K TVs in Q1, accounting for more than 32 percent of worldwide 4K TV sales, which are down slightly since Q4 2014. Fellow South Korean brand LG Electronics was the second-largest 4K TV brand in Q1, with a revenue share of 15 percent, followed by Hisense, Sony, and Skyworth.
Tags: strong
growth
slow
shipments
Category:Telecommunications