As a greater chunk of consumer electronics spending goes to mobile devices, TVs are looking like...

|By:, SA News Editor

As a greater chunk of consumer electronics spending goes to mobile devices, TVs are looking like a big casualty. Even with prices continuing to drop, IHS expects U.S. flat-panel TV shipments to fall 5% Y/Y in 2012 to 37.1M units - the first decline in the market's history. Moreover, sales are expected to keep falling over the next 3 years. The fact TV demand in developed nations may have peaked will have major implications for names such as GLW, AUO, LPL, and STM.