In 2013, 23.97 million Internet-connected TV sets were sold in China, according to the latest report released by Chinese research firm iResearch. The Internet-connected TV sets include both smart TVs installed with an operating system and traditional TVs that can get connected to Internet-enabled devices and display the contents from those devices.

There have been a many content providers of online videos, games and other apps, and smart TVs and other devices such as set-top box in China. iResearch estimates that Internet-enabled TVs as a percentage will continue to grow as the household broadband penetration rate is increasing and device makers are heavily promoting their products.

The competition in smart TV market has been driving down prices. LeTV, currently the leading smart TV and online video provider, now sells a smart TV model at a price as low as less than 1000 yuan (about $160).

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Tracey Xiang

Tracey Xiang is Beijing, China-based tech writer. Reach her at traceyxiang@gmail.com