Industry to Sell 504,000 8K TVs This Year, Crossing Billion-Dollar Threshold, Says CTA
Factory revenue growth in the TV category will remain flat this year at $23.4 billion, said CTA’s annual forecast Sunday. TV makers will ship 40.8 million sets to retail in 2020, a 2 percent increase from 2019, it said. Higher…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
resolution, HDR and bigger screens will drive “replacement upgrades,” it said. 4K TV shipments will rise 12 percent to 25 million sets, generating a 2 percent revenue increase to $17.6 billion, said CTA. It estimates the industry will sell 504,000 8K TVs this year, crossing the billion-dollar threshold for the first time.