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Study: 7M 4KTV Shipped by 2016

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SANTA CLARA, Calif. -- More than half a million 4K×2K TVs are forecast to ship worldwide this year, growing to more than 7 million by 2016, according to the latest Quarterly TV Design and Features Report from NPD DisplaySearch. The 4K×2K trend was first seen at IFA 2012 and continued at the 2013 International CES, as TV manufacturers search for the next technology transition to attract consumers to upgrade their current TVs. The display industry is racing to launch more 4K×2K screen sizes and to mobilize production in larger volumes, with even OLED 4Kx2K sets being demonstrated. Sony, LG, Samsung, and Sharp are all moving forward with this technology, along with other Japanese brands, the six leading Chinese brands, and value-oriented brands such as Vizio and Funai. In addition to vertical integration by the major players, merchant panel suppliers such as AUO and Innolux are working with several manufacturers on 4K×2K. Initial efforts in test broadcasting and standardization are also underway. “The efforts throughout the supply chain for 4K×2K have begun to align,” said Paul Gray, Director of TV Electronics Research for NPD DisplaySearch. “Panel makers are producing 4K×2K screen sizes ranging from 50-110”, and there is also a push to increase TV content. The availability of content is key to consumer adoption of 4K×2K TVs, and TV manufacturers are anxious to prevent any potential delays that could stall adoption, as was the case with 3DTVs.” NDP DisplaySearch

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