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WitsView, a division of TrendForce, reports that the global shipments of branded LCD TV sets for 2017 will total 210 million units, a decrease of 4.1% compared with prior year. For 2018, the shipments decline will reverse, and grow by 3.9% to 218 million.
“The panel prices have tumbled more than 17% on average since 2Q17,”says Jeff Yang, assistant research manager of WitsView, “coupled by the sales on China’s annual Singles Day and Black Friday, the shipments continue to rise”. TV brands expect to continue the rise till the Chinese New Year, and to further expand their shipments during global sports events such as Winter Olympics, Super Bowl and World Cup.
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