Drastic panel price reductions for LCD TV due to oversupply has helped to reduce cost in 2022. Sony, Hisense, Changhong, and many others are already selling MiniLED QD TVs. TCL won the CES innovation award for its QD zero MiniLED 8K TV in 2022 featuring an ultrathin profile of less than 3.4 mm. Sharp made a global debut of their AQUOS XLED TV with MiniLED and QD at CES 2023. Top consumer brands Samsung and LG Electronics joined TCL in introducing MiniLED LCD TVs combined with QD at CES 2021. TCL was the first brand to introduce MiniLED LCD TV in 2019. Samsung continues to dominate the MiniLED TV category with 69%/71% unit/revenue share even as the number of competitors in the space continues to increase”.Growth accelerated for MiniLED TV shipments in Q4’22 with 40% growth Y/Y to 990k units but revenues increased only 7% as ASPs fell by 24% Y/Y.For the full year 2022, MiniLED TV shipments grew by 82% Y/Y to 3.15 million units and revenues increased by 42% to $4.9 billion”. ![]()
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