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Strong Growth for 4K Ultra HDTVs

IHS announced it reckons that 4K Ultra High-Definition (Ultra HD) LCD TV shipments reached 4.7 million units worldwide in the first quarter of this year.

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Unedited press release follows:

Q1’15 4K TV Growth Strong As Overall LCD TV Shipments Slow, IHS Says

4K TV shipments grow nearly 400% as LCD TV demand softens and growth slows to its lowest level in six quarters

SANTA CLARA, Calif. (June 8, 2015) — 4K LCD TV shipments grew nearly 400% Y/Y to reach 4.7 million units worldwide in Q1’15. Volume barely dropped from the seasonally strong Q4’14, with especially strong demand in China during the Chinese New Year holiday season, according to IHS Inc.(NYSE: IHS), the leading global source of critical information and insight. However, growth for the rest of the TV market was not as robust in Q1. Overall TV shipments, including LCD, plasma, OLED, and CRT, fell 2% Y/Y, while LCD TV shipments alone rose almost 3%. The disparity in growth has to do with the significant reduction in both plasma and CRT shipments compared to a year ago.

The latest IHS Quarterly Global TV Shipment and Forecast Report notes that the slowdown in overall growth has not seriously affected the 4K TV segment, which continues to benefit from falling price premiums, expanded selection, and growing content availability. 4K TV shipments to China increased by 244% Y/Y to more than 2.6 million units in Q1 2015.

“4K TV shipments in China account for over half of global demand and set a new high-water mark in the world’s largest 4K market,” said Paul Gagnon, director of TV research for IHS. “This growth was driven by an expanded assortment of screen sizes between 40″ and 50″ that have recently become available from manufacturers, and retail premiums well below 50%, which is encouraging consumers to upgrade.”

Availability of 4K TVs is primarily limited to screen sizes larger than 40″, where the benefit can be most clearly observed, and also in regions where consumers are more willing to spend a premium to upgrade. Overall, 9% of all TV shipments in Q1’15 were 4K TVs, but when looking at larger screen sizes, the share of shipments rises significantly. More than 31% of 50″ and larger TVs were 4K TVs.

Based on revenue, Samsung Electronics was the top brand shipping 4K TVs in Q1’15, accounting for more than 32% of worldwide 4K TV sales, which are down slightly since Q4’14. Even so, the strong seasonal shift to China meant that Chinese brands gained share during the quarter, owing to their relatively high mix of 4K TVs. Collectively, 4K TV accounted for 16% of Chinese brands’ TV shipments in Q1’15. By comparison, 4K TV accounted for 11% of Samsung’s TV shipments during the quarter. Fellow South Korean brand LG Electronics was the second-largest 4K TV brand in Q1, with a revenue share of 15%, followed by Hisense, Sony, and Skyworth.

The IHS Quarterly Global TV Shipment and Forecast Report includes detailed information on panel and TV shipments, by region and size, for nearly 60 brands. The report also includes rolling 16-quarter forecasts, TV cost/price forecasts, and design wins.

For information about purchasing this report, contact the sales department at IHS in the Americas at (844) 301-7334 or; in Europe, Middle East and Africa (EMEA) at +44 1344 328 300 or; or Asia-Pacific (APAC) at +604 291 3600 or

About IHS (
IHS (NYSE: IHS) is the leading source of insight, analytics and expertise in critical areas that shape today’s business landscape. Businesses and governments in more than 150 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs about 8,800 people in 32 countries around the world.