China First Quarter: LCD TV Unit Sales Up, Revenues Down

All View Consulting via DigiTimes: LCD TV unit sales increased 5.2% Y/Y to 9.08 million in China during the first quarter of 2011. Sales revenue, on the other hand, decreased 6.6% Y/Y to CNY35.1 billion. LCD TVs will generally get cheaper, reaching more of the potential market. The average selling price in the first quarter was CNY3,866 or about US$593 based on current exchange rates at the time of this writing.