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LCD shipments expected to skyrocket in Latin America

Darren Murph

With DirecTV launching HD service in Latin America, we'd say it's about time its residents realized that flat-panels are the wave of the future present. According to a fresh iSuppli report, the Latin American television market is expected to make a hasty and noticeable transition between now and 2012. Reportedly, LCD TV shipments to the region are set to rise and account for over 83% of the market in under four years; meanwhile, shipments of bulky CRT sets will decline to make up around 8% of the total market. The numbers are pretty baffling when you consider that CRTs held 77.4% of the market just last year, and it's actually rather scary to think where all of those soon-to-be-unwanted sets will end up.

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