In 2009, about 745,000 LCD TVs were sold in India. In October this year, about 700,000 LCD TVs were sold in India. (These figures come from the display tracking firm, DisplaySearch.) In other words, they nearly matched all of the prior year’s sales in just one month. Sony, Samsung, and LG were among the dominant brands.
This is significant because it underscores the growing significance of the Indian consumer market in the world economy. Combined with increased demand in China for flat panel TVs, it appears that we’re fast approaching the day when the United States and Europe will no longer represent the majority of the flat panel television market. We’ll have to see what implications that may have for the supply of products that are available here in the years to come.
Posted by Alfred Poor, November 18, 2010 5:00 AM
ccclvib • Nov 19, 4:54pm
As with anything consumer, this report should be met with a resounding DUH! The consumers in India and China - and, for that matter, any other "emerging" nation, are just getting started (and how many of them are giving thanks for jobs in outsourced work because their labor is so much cheaper?)...
About Alfred Poor
Alfred Poor is a well-known display industry expert, who writes the daily
HDTV Almanac. He wrote for PC Magazine for more than 20 years, and now is focusing on the home entertainment and home networking markets.