28% of US homes have HDTV: report

Posted by Mark Raby

Washington (DC) - More than a quarter of US households now own a high definition TV set, according to the Consumer Electronics Association (CEA).

Approximately 35 million HDTVs are in American homes today, according to the trade group, and another 16 million are expected to be added to the tally by the end of 2007.

CEA, which is responsible for putting together he Consumer Electronics Show (CES), says that 86% of those with a hi-def set are "highly satisfied" with their TV.

Last year, Frank N. Magid Associates reported that only about 15% of households had an HDTV, but projected that number would climb rapidly.