In total, over 8 million monitors were sold during Q3 2007.
The survey brought up more interesting facts about the sales surge however. Apparently, the surge is in part thanks to the ongoing crackdown of internet use by the Chinese government. The government has been trying to control the population's internet use as well as prevent all access to websites the government considers "undesirable."
Part of the crackdown included the government stopping the issuing of licenses for new internet cafes, where currently over 70 percent of Chinese citizens go to access the internet. After the announcement was made, thousands of new internet cafes opened with most purchasing LCD monitors. Some of the largest internet cafes have over 400 PCs so the sales surge for LCDs seems reasonable when taking that into account.
Along with the general increase, consumers seem to be buying larger and larger monitors. "Due to the shortage of smaller PC monitor LCD panels, prices of 15 inch and 17 inch LCD monitors rose slightly. Conversely, prices of wide-screen and larger size panels continued to fall. As the price difference between the 17 inch and 19 inch sizes narrows, more consumers tended to purchase the 19 inch LCD monitors," said the report.
Source:
Vnunet
Written by: Andre Yoskowitz @ 25 Oct 2007 23:39