The manufacturers of plasma televisions have not doing very well throughout 2006 and 2007. With the recent boom in LCD screens, plasma manufacturers are fast loosing ground. The recent decline in plasma screen price tags will also see a revenue decline over the year.
In February (2007), unit sales recorded a $181 million. This is a 16% drop since February ‘2006. According to iSuppli, the Plasma sales will top out to be $10.2 million.However, they predict that the figures will nose dive after topping out with serious competition from LCD industry.
We are likely to continue to see average prices continue to drop through 2008, but the market still has quite a bit of upside left to it and the technology keeps changing all the time.
The current industry boost is mostly due to the healthy competition between all the panel makers and because of more efficient manufacturing processes as well as lower costs for materials.
The biggest manufacturers of the plasma screen like Matsushita and LG recorded pretty good sales figures during the first quarter of 2007. Yet another screen maker Samsung SDI is going pretty strong.
As far as I know, various factors contribute to the rise or drop in sales. It’s not always about ratcheting up the screen size or attractive discounts. Plasma manufacturers are always finding new ways to add more features and charge higher prices, Touch screen televisions are technology of the future. Whoever comes out with the most innovative ideas will win the market.
In February (2007), unit sales recorded a $181 million. This is a 16% drop since February ‘2006. According to iSuppli, the Plasma sales will top out to be $10.2 million.However, they predict that the figures will nose dive after topping out with serious competition from LCD industry.
We are likely to continue to see average prices continue to drop through 2008, but the market still has quite a bit of upside left to it and the technology keeps changing all the time.
The current industry boost is mostly due to the healthy competition between all the panel makers and because of more efficient manufacturing processes as well as lower costs for materials.
The biggest manufacturers of the plasma screen like Matsushita and LG recorded pretty good sales figures during the first quarter of 2007. Yet another screen maker Samsung SDI is going pretty strong.
As far as I know, various factors contribute to the rise or drop in sales. It’s not always about ratcheting up the screen size or attractive discounts. Plasma manufacturers are always finding new ways to add more features and charge higher prices, Touch screen televisions are technology of the future. Whoever comes out with the most innovative ideas will win the market.
Interesting, I was thinking just the same thing. My Husband is shopping around for a TV as well, He wants LCD, I want cheap, but won't go with Plasma either, because you can't see it from all angles, and that really bugs me. Cool blog! :)
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