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4K TVs to account for 40% of total TV shipments in 2016

According to IHS, 4K TVs will account for 40% of all TV sales in 2016

By Anthony Garreffa from Nov 4, 2015 @ 20:41 CST

We all know that 4K devices, which include TVs, smartphones, VR headsets, and more are all coming out in the coming years - but what about now? 4K TVs are filtering down to the mainstream level, with over 40 million 4K TVs shipped this year according to analysts at IHS.

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IHS also added that 4K TVs will account for 40% of the total TV panel shipment area in 2016, which is a big jump from the 25% this year. Full HD is still controlling much of the market, with 52% of shipments but this number will drop to 42% next year - right in line with 4K.

Ricky Park, Director of Large Display Research for IHS Technology said: "The increased supply of LCD TV panels has caused a downturn in panel prices, providing consumers with a cheaper selection of wide-screen TVs and whetting their appetite for even larger TVs with higher resolution". He added: "The consumer requirement for higher resolution will also grow, as more 4K TV video content becomes available".



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