Dateline City:
EL SEGUNDO, Calif.
EL SEGUNDO, Calif.(May 22, 2013)—Sales of liquid crystal display televisions (LCD TV) during China’s Labor Day holiday rose 18 percent in 2013 compared to a year earlier, as consumers were lured by attractive promotional pricing and a government subsidy program.
Chinese consumers bought 4.2 million LCD TV sets in a three-week stretch from April 15 through May 5, the Labor Day selling season for this year, according the TV Systems Intelligence Service at information and analytics provider IHS (NYSE: IHS).
Language:
English
