DisplaySearch reports global LCD TV shipments rise 135% in Q1
Sony remains #1 in revenues, Philips earns top unit share
LCD TV shipments jumped 135% year-over-year (Y/Y) while falling 14% quarter-over-quarter (Q/Q) to 7.4M units. LCDs had the fastest Y/Y growth and smallest sequential decline of any TV technology in Q1'06, taking share in each region and were the only technology to gain share sequentially rising from a 15% share in Q4'05 to a 17% share in Q1'06. Due to gains by larger sizes, LCD TV revenues grew nearly as fast as LCD TV unit shipments, rising 114% Y/Y while falling 12% Q/Q to $8.8B. The average diagonal rose 19% Y/Y and 2% Q/Q to 27.0" as larger sizes continue to become increasingly affordable. ASPs increased 2% Q/Q while falling just 9% Y/Y to $1195. 37", 40"-42", 20"-21" and 45"+ were the only size categories to gain share with 22"-23", 26"-27" and 30"-32" flat and other categories losing share. The 37" and larger share rose from 12% to 14% on a unit basis and from 29% to 32% on a revenue basis.
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