HDTV sets in a third of US homes
November 14, 2008
Consumer research from Leichtman Research Group has found that 34 per cent of households in the US have at least one high definition television (HDTV) set – approximately double the percentage of households that had an HDTV set two years ago.
The growth of HDTV sets was largely driven by on-going consumer purchasing of TV sets coupled with a dwindling supply of lower-end non-HDTV sets being sold. Overall, 22 per cent of all households purchased a new TV set in the past 12 months, with 43 per cent of this group spending over $1,000 on a new TV.