Tag: tv market

LCD TV sales surpass CRT for first time in Q4 07

I read a report this morning which said that in the fourth quarter of ’07, sales of LCD TV’s passed CRT for the first time:

LCD TVs captured a 47% share of the global TV market, which reached 60.8 million units in the fourth quarter of the year. CRT TVs held a 46% share while RPTVs and plasma display panel (PDP) TVs are estimated at 7%.

The only thing which surprised me about this report was the fact that 46% of people are still buying CRT’s! With the imminent move to HDTV, why would anyone investing in a TV now buy one that will be hopelessly out of date in a few short years (not to mention the far larger footprint of CRTs)?