HD Revolution - The masses have followed !! - Canadian TV, Computing and Home Theatre Forums
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post #1 of 2 (permalink) Old 2003-01-04, 10:59 AM Thread Starter
Join Date: Jan 2002
Posts: 82
HD Revolution - The masses have followed !!

Below are the latest stats on the big screen TV sales during 2002 (This data does not inculed the December sales, which may add significant volume growth).

Come on Broadcasters, FCC, CRTC - sit up and take a fresh look on the digital revolution that is taking place and one which consumers have embraced from their side- now its time for you to pick up the steam.

NEW YORK (Reuters) - Sales of high-end televisions rose sharply in 2002 and will stay strong in 2003, as more affordable prices spur consumers to build home entertainment systems, according to an industry report released on Friday.

More than 1.6 million large-screen projection televisions were purchased between January and November of 2002, up 30 percent over the same period a year ago, research firm NPDTechworld said in the report.

Purchases of flat-panel televisions increased 381 percent over the same period when compared to 2001. Over 235,000 units were sold between January and November 2002 compared to 48,000 units during the same period in 2001, they said.

"With higher quality liquid crystal and plasma display panels at more affordable prices, customers are stepping up to the latest technology," said Tom Edwards, and analyst at NPDTechworld, which is a unit of NPD Group.

Prices for flat panel televisions typically start around $500 and run well above $1,000, while projection TVs sell for $2,000 to $5,000. Some high-end plasma screens cost more than $10,000. In addition to large, sleek screens the TVs feature a superior quality picture.

Leading consumer electronics makers such as Samsung Corp. (00830.KS), Sony Corp (news - web sites). (6758.T), Matsushita Electric Industrial Co Ltd. (6752.T), and Thomson (TMS.PA) are expected to discuss their strategies for televisions and other products at the Consumer Electronics Show convention in Las Vegas next week
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post #2 of 2 (permalink) Old 2003-01-04, 04:26 PM
Join Date: Sep 2002
Location: Downtown Toronto, ON
Posts: 2,149
There are surveys that show that only about 1/4 of those people are receiving HD content on those new sets.

People in the Toronto area really don't realize how good they have things relative to much of the rest of the continent, with respect to availability and selection of HD content.

Remember, DVD exploded this past year too. Was it DVD or HD that drove those sales?

To HD - And beyond.
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