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14-03-2014, 17:41
Global TV market contracts for second straight year March 14, 2014 11.11 Europe/London By Broadband TV News Correspondent tvSetThe global television market shrank last year for the second year in a row after total shipments declined by 6% from already soft 2012 levels, accompanied this time by a rare deceleration in the LCD TV space in China, Asia-Pacific and Eastern Europe, according to a new report from IHS Technology. Shipments worldwide of televisions in 2013 amounted to 225.1 million units, down sharply from 238.3 million in 2012. It was the second straight year of contraction after a 7% loss in 2012, contrasting with the market