Manufacturers Flourishing in Overseas DTV Market
April 11, 2005
Sarasota, FL - The Asian Pacific digital TV market will more than double from 10.4 million shipments in 2004 to 28.8 million in 2008, according to a new report by In-Stat, a leading high-tech research firm. China, Japan, and South Korea are the biggest Asian markets for digital TVs.
In-Stat says China boasts the largest TV market in the world, and Japan enjoys the fastest development in LCD TV globally. Korean vendors top the global TFT-LCD panel shipment while competing with Japan in PDP TV panel production.
"Japan has been leading the TV market for a long time, creating international brands such as Sony, Sharp, Panasonic, Sanyo, Toshiba, and Hitachi," says Rudy Teng, Managing Director of In-Stat's Asia Pacific research. "However, with the recent active promotion of the high-end brands LG and Samsung from South Korea, and brands like TCL Chang Hong, Konka, and Skyworth from China occupying the middle and lower-range market, together with new entrants BenQ, Teco and Sampo from Taiwan, the digital TV market is flourishing in several Asian countries."
A recent report by In-Stat found that Asia’s huge population makes it the largest TV consumption market in the world. In China alone, the overall TV market (analog and digital) in 2004 exceeded 35 million units. Asia is now projected to be the digital TV market with most growth potential in the world. For more information visit In-Stat at http://www.in-stat.com.
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