LCD TVs are becoming more popular, with new research showing that shipments grew worldwide by 37 per cent last year.
DisplaySearch, a visual market research firm, said that last year shipments of ordinary TVs grew by two per cent, with the LCD units far outstripping this number.
Because of the recession, many products have been discounted to stimulate buying, with flat panel technologies such as LCD enjoying better growth in 2009 than they did in 2008.
The final quarter of 2009 showed even stronger year-over-year unit shipment growth, with LCD TVs climbing by 50 per cent on the previous year.
Paul Gagnon, director of DisplaySearch, said: “The better-than-expected 2009 results clearly demonstrate that consumers still have a strong desire to purchase flat panel TVs, but at the same time are willing to shift their buying behaviour to match their budget in a recession-plagued year.”
In other LCD TV news, LG has announced that it is set to expand its operations in the flat panel industry.