More than 50 percent of households in the U.S. own a digital television, according to preliminary report results released Friday by the Consumer Electronics Association (CEA).
The organization, known for its annual International Consumer Electronics Show (CES) in Las Vegas, predicted that digital television manufacturers will post an 11 percent growth totaling more than $25 billion for 2007. For 2008, the group expects 32 million more television units to ship, with 79 percent of those televisions being HDTVs.
CEA plans to release the full findings of its state-of-the-television-industry report at a presentation given by CEA analyst Steve Koenig on January 5. The 2008 International CES is scheduled to take place January 7-10.