Reports: Samsung, LG Had Strong Q1 Premium TV Shipment Volume
Both Samsung and LG had very successful first quarters for global TV shipments this year, with the South Korean companies combined accounting for more than 50% of the world’s TV shipments in the period. That’s according to highlights of Omdia TV tracking data reported by…
Industry Reports Show Big Home Entertainment Upswing
New statistical reports on entertainment spending released by a pair of leading industry associations indicate both global and U.S. home theater enjoyment is on a significant upswing through the first quarter of 2021 — aided, in large part by the global pandemic. The Digital Entertainment…
High-End TV Display Growth Predicted Through 2025
High-end TV displays are expects to be 30% of all TV display in 2025 in unit base, and 57% in revenues base according to Omdia’s latest 3Q20 Display Long-Term Demand Forecast Tracker. As the sitcom song goes, “we’re movin’ on up” in the mix of…
Omdia: Gaming Devices Should Boost 2021 TV Shipments
The unlikely growth seen in TV sales during this year of the pandemic should continue in 2021 largely due to the 2020 holiday launches of Sony’s PlayStation 5 and Microsoft’s Xbox Series X next-gen video game consoles, market research Omdia recently announced. Omdia didn’t supply…
Omdia: 4K UHD TV Shipments Defied Q3-2020 Forecasts
Shipments of television sets continued to defy expectations for the COVID-19 pandemic in the third quarter of 2020, with overall global unit volume up 15% from the same period a year ago to 62.9 million, according to recently released Global TV market data. A recently…
Shaky LCD Panel Supply Could Limit 2021 TV Sales
If you’re looking to purchase a new big-screen television set to help weather the Covid-19 crisis, you might want to consider pushing those plans up before new 2021 models arrive this spring. That’s because manufacturers of large-format LCD panels used in television sets are now…
LG Display’s China OLED Fab Ramps Up As Profits Drop
LG Display formally celebrated Thursday the start of full mass production of OLED TV panels from its 8.5 Gen OLED panel fab in Guangzhou, China, but the festivities came as its quarterly reports showed a continued net loss. The Guangzhou facility, which has been slowly…
Analysts Continue To Revise Down Outlook For 2020 Television Market
The alarming escalation in the infection rate of the COVID-19 virus pandemic caused television market research firm Omdia (a.k.a. IHS Markit) to recently revise downward its forecasts for global television unit shipments during full-year 2020, but things could still get worse before they get better….
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