4K LCD TV shipments are beginning to snowball: units of the UltraHD sets reached 1.6 million in 2013, with the bulk of that — nearly one million TVs — shipping in the fourth quarter.
According to the latest NPD DisplaySearch Quarterly Global TV Shipment and Forecast Report, growth was significantly driven by China, although shipments from countries outside of China more than doubled in Q4, as well. Chinese brands comprised 84% of global 4K TV shipments in 2013 and 80% of 4K TV shipments in Q4.
The trend toward 4K is an important one for the TV industry, as global shipments of TVs fell 3% in 2013 and even high-growth categories like LCD TV only rose 2% after a 1% decline in 2012. According to Gagnon, “for TV manufacturers, the focus on profitable and growing market segments like 4K, larger screen sizes, and smart TVs is critical in the absence of global market growth”.
4K TV shipments set to explode
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