A study by Germany-based research firm GfK forecasts that LCD TVs will account for about 40 percent of total TV sales in the Philippines this year, up from 12 percent in 2005.
Appliance store network Abenson reported more than 200 percent growth in sales of LCD TVs in the first quarter of this year alone. As viewing, gaming, and PC-based activities converge, Abenson predicts that LCD TVs will dominate and account for more than half of viewing systems in the country.