Flat-panel TV sales surge 23 percent

Posted on Saturday, May 16 2009 @ 05:25 CEST by Thomas De Maesschalck
DisplaySearch reports North American sales of flat-panel TVs totaled 7.2 million units in Q1 2009, up 23 percent from the same period a year earlier. The best-selling brand was Vizio, this company held a marketshare of 18.9 percent.
Following a decline last year, North American sales of flat-panel TVs surged during the first quarter of 2009, according to a report released Monday from market research company DisplaySearch. With demand often outpacing supply on some models, 7.2 million flat-panel TVs flew off the shelves, an increase of 23 percent from the first quarter of 2008.

Aggressive pricing followed by Circuit City's liquidation tempted consumers in search of bargains, according to the DisplaySearch report titled "Quarterly Global TV Shipment and Forecast Report."

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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