Monday, November 13, 2006

Panasonic Still the Leading Plasma Brand

Research firm DisplaySearch released its quarterly TV report last week showing that Panasonic remains the industry leader in plasma displays with a 33% market share in Q3, up from 28% in Q2, a gain of 20%. LG Electronics is second followed by Samsung, Philips and Hitachi. Overall, worldwide plasma shipments rose 4% from Q2 and 45% from Q3 of last year, with most of the growth occurring in North America, which accounted for 70% of all plasmas 50 inches and above that were sold.

DisplaySearch expects plasma prices to reach record low levels for the coming holiday season, with sub-$1,000 42" and sub-$2,000 50" displays available from major brands.

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