Asian Vendors Flourishing in Digital TV Market According to In-Stat

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Tuesday April 12, 02:37 PM

Asian Vendors Flourishing in Digital TV Market According to In-Stat

Scottsdale, Ariz., United States, Tuesday, April 12, 2005 -- (Business Wire India) -- The Asian digital TV market will more than double from 10.4 million shipments in 2004 to 28.8 million in 2008, reports In-Stat (http://www.in-stat.com). China, Japan, and South Korea are the biggest Asian markets for digital TVs. In fact, China boasts the largest TV market in the world, and Japan enjoys the fastest development in LCD TV globally. Korean vendors top the global TFT-LCD panel shipment while competing with Japan in PDP TV panel production.

"Japan has been leading the TV market for a long time, creating international brands such as Sony, Sharp, Panasonic, Sanyo, Toshiba, and Hitachi," says Rudy Teng, Managing Director of In-Stat's Asia Pacific (ASPI.BO, news) research. "However, with the recent active promotion of the high-end brands LG and Samsung from South Korea, and brands like TCL Chang Hong, Konka, and Skyworth from China occupying the middle and lower-range market, together with new entrants BenQ, Teco and Sampo from Taiwan, the digital TV market is flourishing in several Asian countries."

A recent report by In-Stat found the following:

-- The regional market reached US$14.2 billion in 2004. US$3.3 billion went to digital CRT, US$4.2 billion for RP TV, US$1.8 billion for PDP TV, and US$5.0 billion for LCD TV.

-- Its huge population makes Asia the largest TV consumption market in the world. In China alone, the overall TV market (analog and digital) in 2004 exceeded 35 million units.

-- Asia is projected to be the digital TV market with most growth potential in the world.

The report, "Digital TV in Asia" (#IN0502387ACM), analyzes the digital TV market in Asia, including the development and competitive positions of major players in Japan, South Korea, China, Taiwan and other regional markets. It contains forecasts of digital TV shipments and revenues in the region through 2008. For more information on this report, please visit: http://www.instat.com/catalog/Ccatalogue.asp?id=237 or contact Erin Mckeighan at 480.609.4551; emckeighan@reedbusiness.com. The report price is $2,495 (US).

About In-Stat

In-Stat (www.in-stat.com) is the leading provider of actionable research, assessments and market forecasts of semiconductors and advanced communications equipment and services. Our forecasts, analysis, and insights are derived from both a deep technology understanding and a unique research methodology, which examines each segment of the value chain for each market. Technology vendors, service providers, technology professionals and market specialists, worldwide, rely on In-Stat's tenured, experienced staff and in-depth research to support critical technology, product and success decisions.

In-Stat is a strategic segment of the $8 billion Reed Elsevier global information network, with access to an expansive worldwide electronic network, extensive technology databases and well-informed personnel. In-Stat analysts gain exceptional insight into geographic market places and specific technologies within markets such as electronics, cable and wireless. As a member of Reed Business Information, In-Stat is a division of the largest business-to-business publisher in the U.S.

CONTACT:

In-Stat
Rudy Teng, 65 6780 4514
(Managing Director - Asia Pacific)
rudy.teng@reedbusiness.com
Jane Tan, 65 67804321
(Business and Public Relations Manager - Asia Pacific)
jane.tan@rbi-asia.com

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