TCL Reports 10.15M Global Smart TV Shipments Over The First Half Of 2022
TCL Electronics recently issued its 2022 first half business update showing global smart TV unit shipments reached 10.15 million sets, spurred by an 8.9% Q2-2022 uptick over the first quarter of the year. For perspective, in January the company reported sales of 23.58 million smart…
Reports: Samsung Display To Pull LCD Plug In June
Samsung Display next month will end production of LCD panels, as originally planned before the Covid-19 pandemic, to focus on new display technologies like QD-OLED, according to S. Korean news reports. As a result, the company’s sister company Samsung Electronics will be fully dependent on…
Netflix Q4 Financial Report Shows Weaker Subscriber Additions
Netflix reported its subscriber base grew to 222 million in 2021, missing projections, as it sees interest from newcomers waning compared to the previous Covid-19-induced surge. The world’s largest streaming video service said it added 18.2 million subscribers in total last year, which is about…
LG To Feature VR, AR Presentations At CES 2022 Booth
In a recent announcement that flew under our radar, LG Electronics announced Nov. 30th that due to travel complications arising out of the on-going COVID-19 pandemic, its employees and most of its products will not be physically present at CES 2022 next month, and instead…
In-Person IBC2021 Event Canceled Due To Rising COVID-19 Cases
In a move that arises ominously before CES 2022 Jan. 3-8, the in-person international broadcasting trade event IBC2021 planned for Amsterdam next month, was suddenly canceled Tuesday, due to the re-escalation of the COVID-19 crisis there. In an announcement, the IBC said it was canceling…
CTA Study: Holiday Tech Spending To Grow 0.5% To $142.5 Billion
The Consumer Technology Association (CTA) forecasts consumer spending on tech products and services to reach $142.5 billion during the 2021 holiday shopping season (October-December), up 0.5% from the 2020 period. The prediction was part of the association’s 28th Annual Consumer Technology Holiday Purchase Patterns report,…
TrendForce Cuts Global TV Shipment Forecast To 215M Units
Impacted by shortages of components and high panel prices, this year’s holiday TV promotions and sales are expected to be unremarkable, resulting in a shortfall in global unit shipments over the second half and full year of 2021, market research firm TrendForce predicts. The industry…
CTA To Require Proof Of Vaccinations To Attend CES 2022 In January
Just when you hoped it was safe to go back to a trade show…. Even as key exhibiting companies and registered attendees were pulling out of next month’s CEDIA Expo in Indianapolis due to the alarming escalation of infections in the wake of the rise…
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