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For 2011, it will likely be characterized as a sluggish year to global TV brand vendors, as the global economic downturn severely curbed consumer demand. Furthermore, this sluggishness is not expected to recover at least until early 2012. In response, brand vendors have been particularly keen in maintaining relatively low inventory levels.
November 29, 2011--- According to the shipment report of top ten global LCD monitor brands and SIs in October published by WitsView, TrendForce’s panel research division, October shipment by brands dropped by 5.2% compared to September while October shipment by SIs decreased by 8.8%.
According to the latest survey report on shipment of large-sized panel in October published by WitsView, a research division under TrendForce, the total large-sized panel shipment in October has reached 59.32 million units with MoM regression of 2.4% and YoY growth of 11%.
Global consumer spending and corporate profitability have been deeply affected by Japan’s earthquake in Mar 2011, inflationary pressures, worsening credit crisis in Europe and the US and tightening of capital towards small to medium sized enterprises by the Bank of China.
Despite the sluggish economy in North American market and the ongoing debt crisis in Europe, LCD TV shipments among top 6 home appliance brands in China have soared to a new height in September.