Global TV revenues rise 13% in 4Q 2005 on strong flat panel/HDTV growth

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Global TV revenues rise 13% in 4Q 2005 on strong flat panel/HDTV growth

Global TV revenues grew 36% on-quarter and 13% on-year to US$26.3 billion during the fourth quarter of 2005, according to DisplaySearch. Flat panel TV penetration jumped from 8% in the fourth quarter of 2004 to 19% in the fourth quarter of 2005 on a unit basis and from 36% to 58% on a revenue basis, causing the blended TV ASP to rise 18% on-year to US$451, noted the research firm.

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