Sony Still Hurting Despite Booming LCD TV Sales

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LCD TV sales are booming however this has been no help to Sony who during the past six months have seen LCD TV market share taken off them by both LG and Samsung as well as Panasonic with their new range of small plasma panels.

 

Also hurting Sony is a move by consumers back to plasma TV technology.


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“Unit sales for 22-, 32- and 40/42-inch models supported the LCD TV category increase in the second quarter,” says Tamaryn Pratt, Quixel Research’s principal.

According to Quixel, unit sales of 40-inch+ were flat, while the value declined 9 percent compared to the first quarter.

The overall value of the LCD TV category fell 2 percent Q/Q and 8 percent Y/Y, seeing revenues fall to $5.1 billion from 5.2 billion. Quixel attributes this to fewer large-screen LCD sales and fast falling ASPs.

Unit sales of Connected LCDs grew 39 percent Q/Q and 20 percent Y/Y.

According to Quixel, plasma TV sales were up 31 percent in volume and 35 percent in total sales value ($910 million) in the second quarter.

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