updated 03:35 pm EDT, Tue August 22, 2006
LCD Television Sales
The eventual death of the CRT in televisions is accelerating, according to a report by analyst firm DisplaySearch from yesterday. Sales of LCD televisions have blossomed over the past year, expanding to over 9.4 million sets in Spring 2006. This is a massive jump of 135 percent over the same period in 2005, and LCDs now account for over a fifth of all televisions sold throughout the world. DisplaySearch attributes much of this to a combination of design and falling prices: buyers are not only eager to replace their ungainly CRT sets with flat-panel screens, but are taking advantage of reduced prices to do so. Sony can verify this fact through its own experience: the company finally began turning a profit this Spring after years of losses and has credited the rampant success of its Bravia LCD sets as a major factor in the turnaround.