China is the world’s largest 4K TV consumer market, and it is expected to drive a trillion yuan market in 2020

"In 2017, China produced 33 million 4K TVs, accounting for 42% of the total global 4K TVs. It is estimated that by 2020, the number of 4K households in the world will exceed 330 million, and China will become the world's largest 4K TV. In the consumer market, the number of households has exceeded 120 million at least." Yesterday, at the China Ultra High Definition Video (4K) Industry Development Conference, Ding Wenhua, an academician of the Chinese Academy of Engineering, expressed optimism about the future development of my country's 4K industry. According to the industry, 4K TVs will drive the hot sales of large-screen TVs, leverage the trillions of industry market scale, and trigger a battle of over trillions of "living room economy", including TVs, chips, set-top boxes, network operators, and TV content. Manufacturers in the 4K industry chain are expected to develop rapidly. Yesterday, the audio-visual equipment sector rose by 1.39%, among which Skyworth's digital daily limit.

China is the world’s largest 4K TV consumer market, and it is expected to drive a trillion yuan market in 2020

In the face of huge market opportunities, panel manufacturers, TV manufacturers, content providers, and network operators are currently deploying one after another. According to preliminary statistics, there are 13 generation 8.5 panel lines in production in my country, with a total monthly production capacity of more than 1.5 million pieces. In addition, more than 3 generation 10.5 panel lines are under construction.

Among the projects signed yesterday, domestic TV manufacturer Skyworth invested 7 billion yuan in Guangzhou to build a 4K smart TV base integrating R&D, manufacturing, sales, and service, forming an annual production capacity of 10 million 4K color TVs. TCL Group said that in China, 4K TV sales accounted for 65% of total sales. In the future, it will optimize 4K content experience, increase the proportion of 4K products, and create smart terminal entrances. As for telecom operators, in the next three years, China Telecom said it will continue to invest 28 billion yuan in Guangdong to build an ultra-high-speed all-optical network and a leading 4K video network; China Mobile will invest 100 billion yuan in Guangdong to increase information infrastructure in the next five years Construction.

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