China’s LCD TV sales still healthy despite inventories
China’s liquid crystal display TV market remains healthy despite panel inventories increasing at Chinese TV manufacturers, a report said yesterday.According to the report by market researcher DisplaySearch, the inventory level in China is still healthy even though TV retail sales during Labor Day holidays earlier this month were not as good as expected.
Worries were growing in the market over the high level of panel inventories.
“Due to pre-promotional efforts and stronger demand from rural cities, the LCD TV sales result is likely to come in at lower single-digit growth,” said an analyst at DisplaySearch. Yonhap
with the Korea JoongAng Daily
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