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Article: NPD Group: Canada Getting Flatter Consumers rush to upgrade their television sets
- Article from:
- CCNMatthews Newswire
- Article date:
- September 27, 2007
CopyrightCopyright 2007 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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TORONTO, ONTARIO--(Marketwire - Sept. 27, 2007) - More Canadians
believe that thinner is better when it comes to their televisions.
According to The NPD Group, in the eight months ending July 2007,
flat-panel television sales doubled. The trend towards flat is
matched by a growing appetite for large screen formats, with 37-inch
formats and larger representing a significant portion of sales in the
last year.
According to NPD, sales of traditional tube TVs are down 38 per
cent compared to the same time last year. However, flat-panel TV
sales are up 114 per cent and screens boasting 37 inches or more
skyrocketed 184 per cent for the year ending July 2007. The shift in
consumer preferences has ...