NEWS > Business
China's LCD TV output surges 65% in first half
2007-07-28 21:23:20 Xinhua English

BEIJING, July 29 (Xinhua) -- China's LCD TV output reached 6.34 million sets in the first half of 2007, up 65.4 percent on the previous year, statistics from China's Ministry of Information Industry (MII) show.

"The LCD TV has gained a bigger market share over the past two years. More and more people choose LCD TVs due to the price cut," an official with the MII said.

Comparing with the LCD TV, plasma TV's production costs remain high, but with its better color accuracy and motion tracking (little or no motion lag in fast moving images), it has great potential in the large screen flat-panel TV market, said the official.

According to statistics, output of plasma TV sets went down 28percent to 235,000 in the first six months.

The rear-projection TV, however, is withdrawing from the market. The first half of this year witnessed a 90-percent-plus slump in the production of rear-projection TV, which was merely 47,000.

China produces more than half of the world's total color TV sets. Despite a slowdown since 2003, China's color TV production remains an annual growth at a double-digit rate.

Illgal government charges fuelling China's soaring house prices  
Car-safety tests provide home run  
Entrepreneurial numbers hit record level on the mainland  
SAIC, Yuejin Motor to form an auto powerhouse  
SMIC posts 2Q loss of US$2m as chips fall  
US$10b national petro game blueprint unveiled  
SAIC and Nanjing Auto move closer towards partnership  
China's Baidu says net profit more than double in Q2  

SINA English is the English-language destination for news and information about China. Find general information on life, culture and travel in China through our news and special reportsˇAor find business partners through our online Business Directory. For investment opportunities with SINA, please click the link "Investor" below.
| About SINA | Investor | Media Kit | Comments or Question? |
Copyright © 1996-SINA Corporation, All Rights Reserved