Himfr.com Comments on China's Color TV Market for First Three Quarters of 2009

Himfr.com Comments on China's Color TV Market for First Three Quarters of 2009

BEIJING, Nov. 2 /PRNewswire-Asia/ -- Himfr.com, one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, comments on China's Color TV market for the first three quarters of 2009.

Himfr's analyst noted that in the third quarter, as the global economy began to pick up, the panel and glass enterprises gradually expanded their business volume, especially Taiwan's flat panel enterprises that increased supply panels and modules for the mainland machine manufacturers. Until September 2009, Taiwan's flat panel enterprises supplied about 10 million LCD modules for mainland enterprises, which allows machine companies to calmly deal with the drastic increase of panel orders in the second half of the year.

Since the beginning of 2009, China has taken household appliance into the working-class countryside, and this new subsidy program also promotes the development of the flat-panel TV industry across China. Up to the third quarter of this year, flat-panel products held 80 percent of the total color TV market, among them LCD products has become the market's main sales product and continued rapid growth.

Color TV production is steadily recovering. Himfr found that in 2009, from January to September, China's color TV industry totally produced 71 million units, an increase of 3 percent year-on-year. LCD TV production is 49 million units, an increase of 66 percent year-on-year; plasma TV output of 1.8 million sets, down 26.6 percent; CRT color TV output of 20.56 million units, down 41.1 percent; the proportion of flat-panel TV production reached 71 percent.

Color TV exports increased quarter by quarter. According to himfr statistics, for the first three quarters of this year, China exported 36.52 million color TV sets, essentially unchanged from last year; color TV exports to 7.2 billion yuan, down by 7.8 percent. First three quarters of 2009 showed changes in color TV exports two main characteristics: first, a steady increase in export volume, export conditions started to improve; second is the proportion of flat-panel TVs reaching 74 percent.

On the domestic front, color TV sales are quite good. The third quarter of 2009 saw the domestic color TV market have a total retail volume of 9 million units, of which the commercial market had 0.5 million units that achieved 3.5 billion yuan in sales, and compared with the same period of the last year it increased 20 percent. In the first three quarters of 2009, the domestic color TV market's retail sales volume reached 25 million units, including LCD TV retail volume of 15 million units, meaning the market demand is very strong.

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Source: Himfr.com

CONTACT: Himfr.com, +86-10-6556-9770, my@himfr.com

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Profile: International Entertainment