The output value of Taiwan-made digital televisions is expected to hit NT$111 billion (US$3.26 billion) for this year on growing demand from both local and foreign markets, a research unit predicted yesterday.
Value rises
According to studies made by the Industrial Economics and Knowledge Center (IEK) under the Industrial Technology Research Institute, the production value of Taiwan-made digital TVs in the second quarter of this year reached NT$24.2 billion, up by 21.2 percent over the first-quarter level, while unit output also grew by 25.6 percent.
LCD TVs posted the largest increase, recording a production value of NT$15.1 billion for the second quarter, up 22.2 percent quarter-to-quarter, according to the IEK. PDP TVs also rose by 19.8 percent in production value for the second quarter.
The IEK forecast that third quarter output value will continue to grow to possibly top a new high of NT$38.8 billion, and that the fourth quarter figure will shrink by 27.7 percent quarter-to-quarter to NT$28.1 billion.
In terms of regional markets, the US absorbs some 34 percent of the world's total LCD TVs, followed by Europe with 23.5 percent and Japan with 22 percent.
Global expansion
The market scale of digital TVs is expanding fast globally on the strength spurred by strong demand boosted by promotional sales and prominent sport events like the Olympic Games in Athens, an IEK analyst said.
He said the domestic industry was originally expected early this year to post a 699 percent growth rate in production volume compared to last year's level, but added that the ratio may fall to 428 percent after its performance in the first half of this year fell short of the previous target.
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