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Wednesday, November 5, 2008 - 0:00 (GMT+99)

Worldwide Plasma TV sales up 37% in Q3

Filed under: TV, HDTV & 3D | by :About Electronics |

Digital Home: Worldwide sales of plasma panels in the third quarter rose to 4.2 million units in the third quarter of 2008, a 37% over the same quarter in 2007 according to research firm DisplaySearch.

The firm says demand continues to be strong for plasma TVs worldwide due to attractive price points and increasing availability of high-definition content and predicts global plasma sales will reach 15.5M units for the year.

While unit sales were up 37% year over year, revenues were up a more modest 21% due to declines in the average selling price of plasma sets. The number one seller of plasma televisions was Panasonic which took in 39.8% of revenues followed by Samsung (29.4%), LGE (21.9%), Pioneer (4.7%), Hitachi (4.1%) and Orion (0.1%).

The 1080p share of plasma panel unit shipments remained over 20% with a record 856,000 units shipped in the latest quarter. Panasonic remained the dominant supplier of 1080p PDP plasma panels, accounting for 70% of units shipped.

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