Rich Fiscus
21 Feb 2008 23:18
the Japan Electronics and Information Technology Association (JEITA) released a forecast on Thursday suggesting that annual sales of LCD TVs will likely reach 155 million units by 2012. In 2007 there were a record 74.8 million LCD models sold.
According to to a JEITA spokesman, the report takes into account anticipated sales from 51 nations, which represents all the countries the organization expects to have a significant impact on sales overy the next five years.
Although they're also anticipating improved demand for plasma, the report only sees it as a 25 million unit per year business, which is actually more of an increase percentage-wise, but obviously not as bright a future as major plasma vendors like Matsushita and Pioneer would like.