TRID - Why I remain a true believer
From a Sony presentation
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Sony expects to increase its global LCD TV shipments to eight million units in Fiscal 2007, according to Makoto Kogure, president of Sony's TV Group and company senior vice president.
Kogure indicated that global demand for flat panel TVs is expected to jump significantly in the next few years. By 2008, flat panel TVs will account for 42% of the overall TV market, up from a 32% share in 2007. LCD TV will account for 75% of the flat panel TV market, rising from 52% in 2005, added Kogure. By fiscal 2007 (April 2007- March 2008), demand for global LCD TVs will reach 80-100 million units, up from 50 million units in fiscal 2006 (April 2006-March 2007), he noted.
Sony has grabbed the top spot in most of Asia Pacific markets such as Hong Kong, Malaysia, Australia, New Zealand, Vietnam and Indonesia, stated Kogure, adding that the company expects its shipments in fiscal 2006 will total six million units.
In response to recent inventory issues in the LCD TV market, Kogure pointed out that the company has no plans to slow down its schedule for next-generation LCD plant expansion amid strong demand for its own-brand LCD TV business. Sony's joint venture with Samsung Electronics, S-LCD, expects to enter volume production at its eighth-generation (8G) plant in August 2007, Kogure said.
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Sony expects to increase its global LCD TV shipments to eight million units in Fiscal 2007, according to Makoto Kogure, president of Sony's TV Group and company senior vice president.
Kogure indicated that global demand for flat panel TVs is expected to jump significantly in the next few years. By 2008, flat panel TVs will account for 42% of the overall TV market, up from a 32% share in 2007. LCD TV will account for 75% of the flat panel TV market, rising from 52% in 2005, added Kogure. By fiscal 2007 (April 2007- March 2008), demand for global LCD TVs will reach 80-100 million units, up from 50 million units in fiscal 2006 (April 2006-March 2007), he noted.
Sony has grabbed the top spot in most of Asia Pacific markets such as Hong Kong, Malaysia, Australia, New Zealand, Vietnam and Indonesia, stated Kogure, adding that the company expects its shipments in fiscal 2006 will total six million units.
In response to recent inventory issues in the LCD TV market, Kogure pointed out that the company has no plans to slow down its schedule for next-generation LCD plant expansion amid strong demand for its own-brand LCD TV business. Sony's joint venture with Samsung Electronics, S-LCD, expects to enter volume production at its eighth-generation (8G) plant in August 2007, Kogure said.
posted by Andrew at
9:20 AM
2 Comments:
I've been holding SIMG to play the LCD market. It has been a dud but had a nice jump today. Deepak.
What a lucky day for you! A grand slam homerun of 19% in one day.
I'm not as big a fan of SIMG because they are so dependent on the PS3.
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