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.
October 31, 2011---According to the September shipment report of top ten global LCD SIs and Brands in published by WitsView, TrendForce’s display research division, shipment by SIs in September grew continuously by 7.6% compared to August while shipment by brands surged by 10.8%.
The global shipment of large-size panel in 3Q11 reached 176 million units with QoQ regression of 0.5%
According to WitsView, a research division of Trendforce, and Chinese research institute Σintell, LCD TV sales between the Moon Festival and National Day holidays( from September 5 to October 9) reached 5.98 million units, which was an increase of 13.6% compared to last year.