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DisplaySearch: LCD TV Shipment Growth Falls to Record Low in Q2'11 as Global ...
Santa Clara, California (PRWEB) August 25, 2011
Far-reaching TV shipments were soft in Q1'11 as the worldwide TV supply chain digested excess inventory, but excrescence was still up 1% Y/Y. In Q2'11, TV shipment growth turned negative, declining 1% Y/Y and falling more than 6% Y/Y in developed regions, which more than countervail 3% growth in emerging markets according the latest DisplaySearch Quarterly Advanced Epidemic TV Shipment and Forecast Report. Softer price declines and inventory pressure at retail due to lackluster consumer request continue to put pressure on TV brands.
"Q2'10 was a very strong shipment growth period due to greater value erosion and more confident consumers, so the comparison of this year's shipments to a year ago is tough, singularly considering the surge of shipments in early 2010 due to anticipated demand related to the Society Cup Soccer tournament," noted Hisakazu Torii , Vice President of TV Research at DisplaySearch. Torii added, "Due to weakening macro-cost-effective conditions, similar to what happened during the global financial crisis of 2008-2009, the TV industry is becoming rather pessimistic and reducing inventory, especially in North America and Western Europe."
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