World TV sales to droop again

TV SALES in both advanced and developing economies are on the decline, according to research by IHS released yesterday.

The number of TV units shipped in 2013 is due to decline to 226.7m this year, down from 238.2m in 2012. IHS recorded a dip between 2011 and 2012 of seven per cent, down from 255.2m.

Jusy Hong of IHS said multiple factors are “adding up to a second consecutive year of decline for the television market”.