Flat Screen TV Sales up by 71% in Q1
According to a report by Beijing-based CCID Consulting, sales of flat screen TVs in China soared 71% year-on-year to 2.98 million sets in the first quarter.
In terms of sales volume, Samsung ranked first in the liquid crystal field, followed by Hisense and Skyworth. Sales of 32-inch liquid crystal flat screen TVs took up less than 35% of the total while sales of 40-inch and above sets exceeded 35%. And it is estimated that flat screen TV sales will total 9.26 million sets this year, 11.57 million in 2009 and 15.71 million in 2010.
Regarding revenues, sales of flat screen TVs grew to 60.6% year-on-year to 24.64 billion yuan.
“The surge owes much to the upcoming 2008 Olympics as consumers brought forward their purchase plans and favored bigger sets,” CCID senior analyst Tian Xiaona.
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