A month after cutting its 2011 TV shipment forecast, DisplaySearch reports shipments fell 1% Y/Y...

|By:, SA News Editor

A month after cutting its 2011 TV shipment forecast, DisplaySearch reports shipments fell 1% Y/Y in Q2, led by a 6% decline in developed nations. LCD TV growth, above 20% in 2010, fell to 6%. Soft TV demand has a major impact on many tech companies and retailers, including SNE, GLW, CREE, RBCN, BBY, and HGG.