High-definition television is a small market, but it belongs to Mitsubishi Digital Electronics America Inc.
The Irvine-based manufacturer of projection screen televisions said last week that it had a 73% share of all high-definition televisions sold last year, far outpacing consumer electronics stalwarts such as Sony Electronics Inc., Zenith Electronics Corp., Sharp Electronics Corp. and Samsung Electronics Co. Mitsubishi sold the 9,639 units at prices ranging from $3,895 to $10,000.
From the launch of digital broadcasts last Nov. 1 through the end of the year, 13,176 digital televisions were sold overall, according to the Consumer Electronics Manufacturers Assn.
But even though the figures are encouraging, HDTV hasn't smitten the majority of television buyers. More than $10 billion in home theater systems were sold last year, and most of them did not have advanced digital picture capabilities, the electronics manufacturers group said.