LED LCD TVs
While most companies are experiencing the economic crunch amidst heavy discounts and thinning profit margins some are looking forward and beyond the situation are looking for ways on how to offset their losses.
Apparently, many flat screen tv makers are banking on the newer LED LCD TVs to get them through the current dip and perhaps take advantage of the predicted boom in this new LCD technology.
A Reuter’s report on this indicate a time frame:
“Going forward, the entire market will shift to LED. LED is the best television technology made available so far,” Sue Shim, Samsung’s senior vice president in charge of visual display sales and marketing, told the Reuters Global Technology Summit this week.
Research firm iSuppli forecast LCD TV LED revenue will soar nearly nine times to $1.4 billion in 2012 from $163 million in 2009. Globally, LEDs are being increasingly used in a wide array of applications including lighting, notebooks, mobile phones and televisions.
“One of our consumer surveys showed 78 percent of them were willing to pay up to 50 percent premium,” said Shim of Samsung.
Source: Reuters.com.
Why are LEDs becoming popular? This may be due to the fact that LED LCD TVs are more energy efficient and are capable of saving up to 40% power. This is perfect for the increasing number of people who are looking to greener living.
The most obvious stumbling block for this thing to take off is the price as LEDs usually cost up to 50% more compared to conventional CCFL LCD TVs. But the consensus is that these will be overcome in the years to come as production prices go down and as more and more competition comes into the picture.
My next probably flat screen TV purchase would probably be one of these babies. Is it the thinnest LG LED LCD TV that I talked about in my previous post? Only time will tell.
In the mean time, I will hold on to my Polaroid lcd tv repair course survivor. hehe.
