LG Electronics Takes Top Plasma Maker Honors In Q1

Panasonic will have to hold off on dominating the plasma biz for now. LG has taken over the global plasma market share lead with 34.8%, followed by Samsung with 30.5%. Panasonic fell all the way to the number three spot with a 27% market share. Not surprisingly, plasma panel shipments fell 19% from the holiday quarter, but are up 53% from last year's Q1 shipments. Why? One, 32-inch displays are being made like hotcakes. Two, demand is high for low-priced flat-panel plasmas given the supply woes of manufacturers of late. Three, Panasonic has started shipping 46-inch, 1080p panels. And fourth, the price of 42-inch plasma panels are US$114 cheaper than LCD panels of the same size. Prices are down as a whole 31% compared to 2007 Q1 and 6% since the holiday's, but its predicted that price decreases will level out by this year's 4th quarter.

Via Tech-On

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