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4K TVs are growing fast
  • Vitaliy_KiselevVitaliy_Kiselev

    The CTA’s “U.S. Consumer Technology Sales and Forecasts” said this week that HDR features are continuing to resonate with consumers. The report said that 4K UHD TVs are one of the industry’s fastest growing segments, far outpacing the transition to HDTV, with unit sales forecast to hit 16.7 million units. The CTA said that would represent a 59 percent increase, and generate $14.6 billion in wholesale dollar revenue, up 45 percent from 2016.

    Not bad.

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  • Vitaliy_KiselevVitaliy_Kiselev

    According to market research firm Omdia on the 6th, sales of 4K TVs over 60 inches in the first half of this year were 12 million units. This is a 23% increase from the same period last year. An official of a TV company explained, "Recently, online video service (OTT) providers such as Netflix have been greatly influenced by the release of various 4K resolution contents."

    It is estimated that Samsung Electronics and LG Electronics are leading the growth of the large 4K TV global market. In the first half of the year, Samsung Electronics accounted for 31.0% of the 60-inch or larger 4K TV market (based on shipments), while LG Electronics accounted for 16.6%. The total market share of the two companies is 47.6%, which is close to half, dominating China's Hisense (9.2%), TCL (8.1%), and Japan's Sony (6.1%).

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