LCD Sales Jump in 2008
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Big TV sales help push shipments of LCD panels to 38 percent growth, but the outlook for 2008 remains uncertain.
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Sony Corp.   said on  Wednesday it sees its electronics sales growth outpacing the  industry in the current fiscal year, fueled by demand for big  televisions and digital cameras, while a decline in component  pricing could benefit profits.
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Robust demand from emerging markets in  Asia and Africa lifted third-quarter sales of all major handset  vendors from the previous quarter, with companies expecting  another sales boost from holiday shopping ahead.
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U.S. online retailers rang up holiday sales of $23.2B between Nov. 1 and Dec. 26, up 25% from the same period in 2003, according to a survey released today by Goldman Sachs, Harris Interactive and Nielsen/NetRatings.
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Sony Corp.  said on Monday U.S. sales of electronics have been better than expected so far this holiday shopping season, fueled by demand for flat panel televisions and digital cameras.
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The Consumer Electronics Association predicts solid growth in gadget sales this year.
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A global oversupply of large-sized liquid  crystal displays (LCDs) is forecast to peak in the third  quarter of this year, but it will balance out by the fourth  quarter, a U.S.-based research firm said on Friday.
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Revenues at the U.S. unit of LG Electronics Inc.  rose 39 percent in the first half, and North American sales are expected to top $10 billion this year, fueled by demand for mobile phones, flat-screen displays and appliances, it said on Thursday.
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&quot;We have decided to increase LCD production capacity to meet the growing demand for large-size TV and computer monitors,&quot; says Samsung in a statement to the stock exchange.
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Global cellphone sales rose to record levels in the second quarter as Nokia clawed back some of its lost market share, according to figures released Thursday.
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Sales of semiconductors in November indicate that consumer products such as LCD (liquid crystal display) TVs, digital music players, and other devices sold well during the holidays, the Semiconductor Industry Association (SIA) said Monday.November chip sales rose 2.3 percent year-on-year to $23.1 billion, the SIA said.Unit demand has far outpaced last year. But falling chip prices have hurt industry revenue, the chip association said. For example, DRAM (dynamic RAM) bit shipments grew 25 percent in the three months through mid-December, but average selling prices have declined 20 percent over the same period.The association also noted that rising energy prices and concerns about the sub-prime lending issue in the U.S. do not appear to have had a significant impact on consumer spending for the holidays, the SIA said. The group reiterated its forecast that worldwide semiconductor sales will reach a new record in 2007. But it will take a stronger than expected December selling season to reach the 3.8 percent growth goal the group had&#160;forecast earlier this year, the SIA said.Investment banking firm Credit Suisse was not as optimistic as the SIA.The November data was below normal seasonal trends, noted analyst John Pitzer, in a report on Monday. Even if December reaches its normal seasonal growth, 2007 industry revenue will only reach $255.7 billion, up 3.2 percent over last year. The growth percentage would fall short of the SIA&#39;s 3.8 percent target.The slow November prompted Credit Suisse to lower its 2008 chip industry revenue forecast to 9.4 percent year-on-year growth, down from a previous target of 13 percent.
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New games and consoles helped drive US video game sales to a record last year, figures show.
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U.S. retail sales jumped a more-than-expected 1.2 percent in December, the government said on Thursday, as car dealers, furniture stores and on-line retailers reported strong sales.
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The company wisely hedged its bets on the growth in LCD television sales.
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NEW YORK, September 30  - Global semiconductor sales increased to $18.2 billion in August this year, representing 34.
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The company will continue to capitalize on the growth in LCD TV sales.
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The global market for mobile telephones grew sharply in fourth quarter 2004, with sales up by 25 percent to a record 200 million units from the same period of 2003, but overall sector growth should slow in 2005, the research group Strategy Analytics reported.