Migration to 4K Helping Drive LCD TV Unit-Shipment Growth, IHS Says

Global LCD TV unit shipments jumped 4.8 percent in March to 16.2 million sets after three months of declines, IHS said in a Monday report. The rebound was partly because every Chinese brand experienced shipment growth in March, offsetting the decline in shipments in February, the research firm said. Chinese brands had 28 percent of all LCD TV shipments in March, an increase of 11 percentage points from February, IHS said. But year-over-year shipments from South Korean TV brands declined 7.8 percent in March, it said. The proportion of LCD TV shipments 50 inches and larger was more than 6 percentage points higher in March, at 22.4 percent, than a year earlier, IHS said. March shipments of 4K TVs were 20.9 percent of global LCD TV unit shipments, it said, without providing a comparison with a year earlier. The migration to larger screen sizes and to 4K resolution are the two biggest factors “driving worldwide growth as consumers upgrade from older TVs,” IHS said.