Sales of LCD-TVs are rising rapidly due to several factors, most notably the dramatic declines in Average Selling Prices (ASPs)
El Segundo, CA (PRWEB) November 4, 2004
Join iSuppli Corp. and LCD-TV maker Syntax Groups Corp. at iSuppli's Flat Information Displays (FID) 2004 conference (Nov. 17-19, San Francisco)to learn how flat-panel technology is reshaping the television industry.
Syntax will host a press conference at FID to discuss developments in the television market and to introduce two important products that illustrate why global shipments of LCD-TVs are expected to grow by a factor of 10 over the next five years. Riddhi Patel, senior analyst with iSuppli, will discuss trends in LCD-TVs, presenting her forecast and examining the factors that are driving market growth at the press conference.
"Sales of LCD-TVs are rising rapidly due to several factors, most notably the dramatic declines in Average Selling Prices (ASPs)," Patel said. "ASPs have continued to decline in 2004 as large-sized LCD panels become available in greater numbers and as television makers attempt to attract consumers by offering increasingly aggressive price breaks and discounts. Furthermore, new players have entered the television market with LCD-TV products, delivering consumers more choice and lower prices."
LCD-TV shipments will grow more than tenfold over the next five years, with production reaching 36.7 million units in 2008, rising at a Compound Annual Growth Rate (CAGR) of 58.8 percent from 3.6 million in 2003, iSuppli predicts.
At the FID press conference, Syntax will introduce two exciting products that reflect the trend toward larger and less-expensive LCD TVs. Based in City of Industry, Calif., Syntax is one of the hottest new players in the LCD-TV market. Having commenced sales of LCD-TVs just six months ago, Syntax has made rapid progress in the market, and is on track to achieve approximately $150 million in revenue and plans to become a publicly held company during its present fiscal year, which ends June 30, 2005.
Syntax at FID also will be holding a drawing to give away three of its Olevia LCD-TVs. Three winners each will receive a 30-inch Olevia LCD-TV. Winners will be determined by a random drawing of registrations.
Syntax' Olevia family of LCD TVs feature industry-leading specifications, including the highest contrast ratios for sharp, vivid pictures, dual TV tuners, VGA and TV split screens, DVI inputs with HDCP, ultra-thin flat panel LCD screens, fast refresh rates and response times, and 14-16 rows of transistors for image brilliance and clarity. Olevia TVs are high-definition ready, with resolutions of 1,280 by 768 and widescreen aspect ratios of 16:9.
For free press registration to FID 2004 and/or to attend the FID/Syntax press conference, please contact Jonathan Cassell, Editorial Director and Manager, Public Relations for iSuppli Corporation; Phone: 408.654.1714; http://www.isuppli.com
pr @ syntaxgroups.com
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