21% jump in flat panel TV sales in August 2013, as per IHS

IHS has reported the global shipments of flat-panel-display televisions jumped 21 percent in August from a month earlier to reach 17.9 million units, comprising 17.1 million liquid-crystal display televisions (LCD TV) and 803,000 plasma sets. Below are the details shared by IHS on flat panel TV market update: LCD TV shipments were up 22 percent from July, while those for plasma rose 5 percent. Total shipments rose as China prepared for festivities in connection with the lunar calendar’s harvest moon celebrations, marked by increased spending on consumer goods as is typical during Chinese festivals and holidays. Still, shipments in both segments were down from year-ago levels despite the positive momentum for the month. When viewed on an annual basis, the LCD sector was off by nearly 6 percent, while the plasma segment was down an even steeper 26 percent—in keeping with the continuing slide of that market for some time now. Overall, global flat-panel TV shipments were down 7 percent in August, the third straight month of decline compared to their levels during the same time a year ago in 2012. Panel makers on the whole continue to be conservative in their plans, and shipment volumes in September and October were expected to be down from year-ago volumes when final figures are released. Shipments are then predicted to pick up in November, in time for the holid...