Factory-to-dealer sales of digital television (DTV) products in 2004 continue to blow away previous sales records, according to data released by the Consumer Electronics Association (CEA). October DTV unit sales totaled 968,394 and dollar sales topped U.S. $1.29 billion, CEA reported, marking a 136-percent increase in unit sales over October 2003 and a 102-percent rise in dollar sales.
"We expected DTV sales to be strong in the final months of the year, but to see the numbers in print is an exhilarating affirmation of DTV’s success," said Sean Wargo, CEA director of Industry Analysis. "Year-to-date DTV sales total 5.4 million units and are on track to meet CEA's initial forecast of 6.9 million units."
CEA reported that cumulative DTV unit sales now total 14,306,452 and dollar sales are just below $23 billion. CEA defines DTV products as integrated sets and monitors displaying active vertical scanning lines of at least 480p and, in the case of integrated sets, receiving and decoding Advanced Television Systems Committee (ATSC) terrestrial digital broadcasts.
"Further fueling the analog-to-digital television (DTV) transition is the broad consumer appeal of flat panel displays," Mr. Wargo noted. "Manufacturers are selling an impressive number of LCD products. In fact, we’ve already exceeded our annual sales forecast for the LCD category. We projected 1.35 million LCD units would be sold this year and now we’ve surpassed 1.4 million. In October alone we sold 290,000 units."
CEA projects that 6.97 million DTV units will be sold in 2004, 10.77 million in 2005, 16.77 million in 2006, 23.25 million in 2007, and 27.05 in 2008.
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