Sony, Samsung Issue Troubling Calendar Q1 Financial Results For TVs
Both Sony and Samsung issued financial reports from the calendar first quarter of 2023 Thursday, and it wasn’t good news for their respective TV hardware businesses. On a positive note, Sony reported record annual sales of $84.2 billion (11.5 trillion yen) for its fiscal year…
TrendForce Once Again Cuts Its Global TV Shipment Forecast For 2022
Global TV set and display panel market research firm TrendForce has once again adjusted down its forecast for full year 2022 volume for TV sets of all types to 202 million units, down 3.8% from full year 2021. At the start of the year the…
CTA: U.S. 8K TV Shipments To Climb 70% In 2022
Along with OLED-panel-based models, 8K UHD TVs represent one of the few segments of the television set market showing growth in 2022. According to the newly released Consumer Technologies Association (CTA) Summer 2022 Sales & Forecasts Update Report, U.S. shipments of television sets with 8K…
CTA Makes Rare Forecast For Overall CE Revenue To Decline In 2022
The Consumer Technology Association’s newly revised U.S. CE industry forecasts for 2022 show the combined impact of multiple disruptive events around the world – from COVID-19 to a possible recession — resulting in an 11% decline in U.S. video hardware unit shipments overall this year….
Deteriorating Global Market Conditions Starting To Impact 2022 TV Outlook
It looks like another difficult year ahead for TV set sales, and that’s not likely to be good for big price promotions as the year wears on, according to a market research report just out from TrendForce. The firm has revised down its full year…
Omdia: TCL Could Be Poised To Reach No. 2 Global TV Market Share Position In 2022
TCL could be preparing to leap frog LG Electronics this year into second place in world market share of television unit shipments, according to research attributed to Omdia. South Korean electronics business trade news service The Elec, cited Omdia research data Monday indicating TCL is…
CTA Sees Overall 2022 U.S. TV Shipments Falling 13% To 40.4M Units
Factory shipments of TVs of all types to the U.S. market declined an estimated 5.8% in 2021 to 46.6 million units from 49.4 million in COVID-lockdown accelerated 2020, according to the CTA’s January 2022 Consumer Technology Forecasts. As the global pandemic continues to abate, and…
Study: Smart TV Global Penetration To Reach 54% Of Homes By 2026
The estimated global penetration of smart TVs at the end of 2020 stood at 665 million households (or 34% of households around the world), according to a new study from market research firm Strategy Analytics. The study released last week further forecasts the penetration number…
Stay connected