The global shipments of LCD TVs in the first quarter of 2015 totaled 51.4 million units, according to WitsView. This figure translates to a quarterly decline of 24%. In addition to the first quarter being an off-peak season, there were other forces causing the shipment decline. One factor was the lowering of spending power in Europe and emerging markets due to the depreciation of various currencies. The saturation of China's domestic market was also another important reason.
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