Update: CEA makes bullish prediction for ultra HD products

by Steve Blum • , ,

At its opening press conference at CES this afternoon, the Consumer Electronics Association predicted that 4 million ultra high definition – 4K – television sets will be sold in 2015, against 77,000 in 2013 and an estimated 1.3 million in 2014. By 2018, CEA says that annual 4K sales volume will hit 14 million. Price points for sets in the 50-inch range – the smaller end of the scale in 4K terms – are expected to drop below $1,000.