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The global shipments of LCD TVs in the first quarter of 2015 totaled 51.4M units, according to the latest report from WitsView, a division of TrendForce. 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.
The slow recovery of the global PV market continues into the second quarter. Jason Huang, research manager for EnergyTrend, a division of TrendForce, said the market on the whole is showing positive signs even though prices along the supply chain were falling at the end of the first quarter. Demands for system installation was not substantial during that period, resulting in the general price decline.
The hottest technology trend of 2015 is the Internet of Things (IoT). According to a projection by Topology, a division of TrendForce, IoT-related technologies will mature within the next five to ten years and become applicable in everyday situations. Connected to the cloud and supported by big data analytics, the number of IoT devices is set to grow by a compound annual growth rate (CAGR) of 35% between 2014 and 2020.