HONG KONG, March 10 /PRNewswire-Asia/ -- TCL Multimedia Technology Holdings Limited ("The Group"; HKSE: 01070) today announced monthly sales volumes of its TV and AV products for February 2010.
Although the month after Chinese New Year is traditionally slow for TV sales, the Group still achieved solid growth in LCD TV sales in February. Total LCD TV sales volume increased by 61.5% YoY to 447,297 sets in February and by 82.9% to 1,526,946 sets for the first two months of the year. Total TV sales volume for February reached 853,836 sets, up 55.5% YoY.
LCD TV sales in both domestic and overseas markets maintained stable growth in February. LCD TV sales volume in PRC Markets soared by 60.7% YoY while the Overseas Markets climbed 62.1% YoY. Sales performance in the Emerging Markets was particularly encouraging, with sales volumes of LCD and CRT TVs surging by 316.7% and 177.7% YoY, respectively. This was mainly attributable to the Group's solid market leadership in CRT TV in these regions and its successful business transition from CRT TVs to LCD TVs. LCD TV sales volume in the European Markets and North American Markets increased by 124.3% and 82.5% YoY respectively.
Moreover, the Group's AV products sales volume for February continued to grow at a healthy pace, advancing by 2.3% YoY to 773,900 sets.
February 2010 (Pre-audited Data)
YoY YoY
Feb Feb Change Jan-Feb Jan-Feb Change
2010 2009 (%) 2010 2009 (%)
LCD TV 447,297 277,048 61.5% 1,526,946 835,032 82.9%
CRT TV 406,539 272,211 49.3% 1,141,138 829,554 37.6%
Total TV
Shipments 853,836 549,259 55.5% 2,668,084 1,664,586 60.3%
AV
Products 773,900 756,430 2.3% 1,918,134 1,685,930 13.8%
About TCL Multimedia
TCL Multimedia Technology Holdings Limited is one of the largest TV manufacturers globally and its products are sold all over the world. Headquartered in China, TCL Multimedia operates its manufacturing plants and R&D centres across all major continents. The Group's largest shareholder is TCL Corporation.
