DisplaySearch Reduce 2011 TV Forecast

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[…] the total global TV shipment outlook for 2011 has been reduced by about 3% to 252 million units, as demand in many developed countries continues to be very soft.

Director of North American TV Research, Paul Gagnon:

Demand in emerging markets like China, Latin America, and India is continuing to grow strongly with a relatively low level of flat panel TV household penetration; this will more than offset slowdowns in developed regions.

If that’s the case, why the reduction in forecast?

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