LED-Lit LCD TVs Make Big Sales Jump in Q310
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Rating Summary:
8 Buy, 7 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 15 | Down: 18 | New: 23
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Consumers have officially adopted LED back-lighting technology for LCD televisions, according to IHS, Inc.'s (NYSE: IHS) iSuppli.
According to the research, 19.6% of TV purchase in Q310 were LED back-lit, a staggering jump from just 4% in Q309.
iSuppli notes that the majority of U.S. consumers continued to buy non-LED TVs through the quarter, increasing from 64.6% in Q210 to 65.3%.
TV sales seeing a decline include plasma (to 13.5% from 14.2%), rear-projection, and tube-types (down to 0.9% and 0.7%, respectively).
Also on the rise is TV connecting to the Internet. iSuppli reports that 50% of consumers buying a TV got one with an option for built-in Internet connectivity.
The most favored TV LCD TV size? In the 40- to 49-inch range. 42-inch was the preferred size for plasmas (though, for these numbers, one would assume that "preferred" refers to "fits in budget").
Vizio dominated at Wal-Mart (NYSE: WMT) and other club stores, whereas Samsung was the leader elsewhere.
Names to watch as LED becomes further adapted include:
According to the research, 19.6% of TV purchase in Q310 were LED back-lit, a staggering jump from just 4% in Q309.
iSuppli notes that the majority of U.S. consumers continued to buy non-LED TVs through the quarter, increasing from 64.6% in Q210 to 65.3%.
TV sales seeing a decline include plasma (to 13.5% from 14.2%), rear-projection, and tube-types (down to 0.9% and 0.7%, respectively).
Also on the rise is TV connecting to the Internet. iSuppli reports that 50% of consumers buying a TV got one with an option for built-in Internet connectivity.
The most favored TV LCD TV size? In the 40- to 49-inch range. 42-inch was the preferred size for plasmas (though, for these numbers, one would assume that "preferred" refers to "fits in budget").
Vizio dominated at Wal-Mart (NYSE: WMT) and other club stores, whereas Samsung was the leader elsewhere.
Names to watch as LED becomes further adapted include:
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