Global TV set sales plummet 8% - NPD DisplaySearch

SANTA CLARA, CALIFORNIA - Global TV shipments declined for the second straight quarter, falling 8% since last year, but demand for larger sets continues to grow. This according to the latest NPD DisplaySearch Advanced Quarterly Global TV Shipment and Forecast Report. The decline in TV shipments started in Q4’11 and has continued in 2012, reflecting worsening economic conditions worldwide and slower price erosion, which both affect consumer demand said NPD in a release. Japan has been the hardest hit, with Q2’12 shipments plunging 77 percent year over year to less than 1.4 million. In developed markets, TV shipments were down...