Flat panel TV shipments return to growth

Global shipments of flat panel televisions returned to growth in the second quarter, according to IHS-owned Displaybank – after a 30 per cent drop during the first three months of 2012.

Worldwide shipments of flat panel televisions (LCD and plasma sets), rose to 48.9 million units in the second quarter, up 3.6 per cent from 47.2 million from the first quarter.

“After a weak start to 2012, global television shipments showed some signs of life in the second quarter,” commented Tom Morrod, senior analyst at IHS. “While television shipments typically decline in the first quarter following the peak Christmas selling season, the drop this year was sharp because of tentative consumer spending. The return to growth in the second quarter follows normal seasonal patterns for television shipment growth, and likely signals further growth ahead in the third quarter.”

Worldwide LCD TV shipments increased 3.4 per cent in the second quarter, following a 29.3 per cent drop in the first quarter. While worldwide plasma shipments are generally declining, they enjoyed a 6.6 per cent bump in the second quarter, compared to a 39.5 per cent plunge in the first quarter.

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