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Asian Vendors Flourishing in Digital TV Market

According to In-Stat the Asian digital TV market will more than double from 10.4 million shipments in 2004 to 28.8 million in 2008 -- "China, Japan, and South Korea are the biggest Asian markets for digital TVs. In fact, China boasts the largest TV market in the world, and Japan enjoys the fastest development in LCD TV globally. Korean vendors top the global TFT-LCD panel shipment while competing with Japan in PDP TV panel production. The regional market reached US$14.2 billion in 2004. Of which US$3.3 billion went to digital CRT, US$4.2 billion for RP TV, US$1.8 billion for PDP TV, and US$ 5.0 billion for LCD TV. Its huge population makes Asia the largest TV consumption market in the world. In China alone, the overall TV market (analog and digital) in 2004 exceeded 35 million units. Asia is projected to be the digital TV market with most growth potential in the world."

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