February 24, 2008

Global flat TV demand 'to double by 2012'

Demand for flat panel televisions is expected to more than double to 180 million units by 2012, driven by strong sales in China and the United States, a Japanese industry group said, reports Reuters.

"Demand for liquid crystal display TVs is likely to reach 155 million units in five years, up from 74.8 million sold in 2007, the Japan Electronics and Information Technology Association (JEITA) said on Thursday.

Demand for plasma TVs will likely total 25 million units in 2012, compared with 11.4 million sold last year, it said."

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