8 mln LCD TV units sold in 2004, 13.8 mln will sell in 2005
Global LCD TV demand will increase to 13.8 mln units in 2005, up 72.5% from 8 mln in 2004, according to IDC. For 2004, LCD TV prices were still too high to stimulate sufficient demand; therefore, the research firm is conservatively forecasting an 8-mln LCD TV shipment, O?Donnell said. Nevertheless, the market will pick up next year due to aggressive investments from TFT LCD panel makers, system makers and consumer electronics makers. The technology will become mainstream in the flat-panel TV market in 2007, with shipments of 30- 39-inch LCD TVs accounting for 42% of total 30-39-inch flat-panel TVs in 2008, up from 3.5% in 2005.