29 Apr '13, 8am

TV sales expected to grow as high as 12% in China during the May 1 holiday: TV sales are expected to grow as h...

TV sales expected to grow as high as 12% in China during the May 1 holiday Julian Ho, Taipei; Alex Wolfgram, DIGITIMES [Monday 29 April 2013] TV sales are expected to grow as high as 12% on year during the May 1 holiday period in China, according to market observers. Market estimates believe TV sales during the time period, which expends over roughly three weeks, will reach between 4.33 million to 5.62 million for on-year growth of 9.2-12%, said the observers. The observers said China government-issued energy-saving subsidies, which end in late May, are expected to help drive TV sales throughout the period, adding that 50-inch and above size TVs are expected to make up about a 26% proportion of the sales. Ultra HD (3840 by 2160) TVs sized 39-, 50-, 58- and 65-inch will also be a main focus for local-based TV vendors during the period, which is expected to help boost the pe...

Full article: http://www.digitimes.com/news/a20130429PD210.html

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