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Global TV Foundries ‘Work their Socks Off”

Sigmaintell Research of China reported the results from Chinese and Taiwanese ‘TV Foundries’ for November. The total reached 9.02 million, up 19.2% compared with last year as they and their clients ‘worked their socks off’ to keep volumes up. Local sales in China were strong and inventories were increased by brands and in the channel. Export sales were also firm in a number of regions.

The company expects a decline in December although exports are still expected to be reasonably firm.

  • TPV hit top place with stronger sales for LGE, BBY and Vizio.
  • For Foxconn, shipments of the InFocus brand were up, while Sony was steady and Sharp brand is being steadily promoted.
  • BOE CVT caught up with some exports that were delayed last month.
  • CNC cut North American sales, but did well in China.
  • TCL did well shipping for Chinese brands

TV OEM Shipments Nov 2018 – Data Source:Sigmaintell. Image:Meko