Flat-screen television sales will almost triple next year as more consumers replace their traditional cathode-ray TVs, market researcher DisplaySearch said.
Sales of televisions using liquid-crystal displays will rise threefold to 3.6 million units next year, while those with plasma-display panels will more than double to 900,000 units, Austin, Texas-based DisplaySearch said.
Sales of flat-screens used in televisions are expected to grow at a faster pace than personal-computer panels. While flat screens currently account for 1 percent of all television sales worldwide, more than a third of personal computers sold this year will have the thinner panels, DisplaySearch said.
"Flat-screen televisions have more room for replacement than personal computers," said Sam Matsuno, senior vice president at DisplaySearch.
Falling prices will spur demand, Matsuno said. The price of a standard liquid-crystal panel, measuring 15-inches diagonally, for televisions is expected to fall to US$157 next year from an average price of US$242 this year.
Sharp Corp had a 51 percent share of the worldwide market for liquid-crystal display televisions in the third quarter, DisplaySearch said. LG Electronics Inc was second with a 15 percent share and Samsung Electronics Co and Sony Corp shared the third position with 9 percent.
In the third quarter, Sharp was also the No. 1 maker of liquid-crystal panels for TVs, with a 58 percent share. LG Philips LCD Co, a venture between South Korea's LG Electronics and Koinklijke Philips Electronics NV, came in second with a 20 percent share.
To many, Tatu City on the outskirts of Nairobi looks like a success. The first city entirely built by a private company to be operational in east Africa, with about 25,000 people living and working there, it accounts for about two-thirds of all foreign investment in Kenya. Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-center and cold-chain transport firms in the region. However, to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have demanded land worth millions of dollars in exchange
Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority (HKMA) sold a record HK$60.5 billion (US$7.8 billion) of the city’s currency, according to an alert sent on its Bloomberg page yesterday in Asia, after it tested the upper end of its trading band. That added to the HK$56.1 billion of sales versus the greenback since Friday. The rapid intervention signals efforts from the city’s authorities to limit the local currency’s moves within its HK$7.75 to HK$7.85 per US dollar trading band. Heavy sales of the local dollar by
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue jumped 48 percent last month, underscoring how electronics firms scrambled to acquire essential components before global tariffs took effect. The main chipmaker for Apple Inc and Nvidia Corp reported monthly sales of NT$349.6 billion (US$11.6 billion). That compares with the average analysts’ estimate for a 38 percent rise in second-quarter revenue. US President Donald Trump’s trade war is prompting economists to retool GDP forecasts worldwide, casting doubt over the outlook for everything from iPhone demand to computing and datacenter construction. However, TSMC — a barometer for global tech spending given its central role in the
An Indonesian animated movie is smashing regional box office records and could be set for wider success as it prepares to open beyond the Southeast Asian archipelago’s silver screens. Jumbo — a film based on the adventures of main character, Don, a large orphaned Indonesian boy facing bullying at school — last month became the highest-grossing Southeast Asian animated film, raking in more than US$8 million. Released at the end of March to coincide with the Eid holidays after the Islamic fasting month of Ramadan, the movie has hit 8 million ticket sales, the third-highest in Indonesian cinema history, Film
RSS