Not Quite Ireland, Way Past Singapore
Those same products will propel the industry in 2007, says the CEA. The TV industry alone is predicted to be worth US$26 billion as shipments of LCD (liquid crystal display) and PDP (plasma display panel) sets reach 19 million units in 2007 thanks to lower prices, says the CEA.
The next-generation game console market, which has been ignited in the last couple of months by the launch of Sony Computer Entertainment's PlayStation 3 and Nintendo's Wii consoles, will be worth US$16 billion this year. That's a 23% jump over 2006, according to the CEA's prediction.