LCD TVs witnessed 2% retail volume growth in 2017, which was a slowdown compared with the 5% growth seen in 2016. 2016 saw frequent promotions and discounts, so some consumers replaced their televisions at a lower price during this year. However, the increasing cost of LCD panels and other raw materials from the end of 2016 resulted in limited promotional campaigns from the beginning of 2017. Some leading players even actively promoted their selling prices to survive. This made consumers ... Read more
