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Ultra HD TVs Hit Shipment Milestone

Reaching a milestone along a path toward eventual mass-market adoption, the number of Ultra HD/4K panels shipped surpassed the 1 million mark in March, IHS Technology said in a new report.

IHS said shipments of UHD panels reached 1.1 million units in March, led by three panel makers – Taiwan’s Innolux, Samsung, and LG Display. That’s a huge jump from 323,300 units in January, and 384,300 shipments in February. IHS attributed the surge to pre-stocking orders for China’s Labor Day holiday at the start of May, and the coming FIFA World Cup in June.

Looking ahead, the research firm sees UHD panel shipments rising to 68.4 million units by 2018, up 350% from 2014. In comparison, IHS sees TV panel shipments in general rising just 12%.