W. European TV shipments continue falling during Q3 2012, with a sharp drop of over -15% Y-o-Y as global TV shipments dip by -7% Y-o-Y to reach 58 million units NPD DisplaySearch reports.
The analyst says flat panel TV growth is also lower than expected in emerging regions, while N. America and China represent the only pockets of growth (3% and 13% Y-o-Y respectively).
DisplaySearch attributes the growth in the US Market to the upcoming holiday season, since many retailers are gearing up for Black Friday and pre-holiday sales and promotions by building enough inventory to satisfy demand.