Friday, September 20, 2013
TV Sales Value Climbs For 1st Time In 2 Years
TOKYO (Nikkei)--Despite a 12.4% decline in volume, the sales value of flat-panel televisions rose year-over-year in August for the first time in 25 months, according to figures released Thursday by research firm BCN Inc.
The sales value increased 2.3% on the year, the first such rise since July 2011, when TV sales spiked during the transition to digital terrestrial broadcasts.
Leading the way were sets 50 inches and larger, sales of which rose 74.6% in value and 97% in volume in August. These large models accounted for 10.1% of all TV sales in volume, up from 4.7% a year earlier.
Ultrahigh-definition 4K TVs made up just 0.7% of the total sales volume, but chalked up 7.2% of the sales volume and 19.4% of the value for models 50 inches and larger. With 4K-compatible broadcasts expected to begin, BCN projects that 4K sets could account for as much as 40% of total sales volume when Tokyo hosts the Summer Olympics in 2020.
(The Nikkei, Sept. 20 morning edition)