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Surge in flat panel sales predicted in Asia

27 Jun 2007 15:30

LCD and plasma TVs are selling at an incredible rate! The increasing popularity of flat panel displays in Asia as a result of the demand for LCD televisions and new technology such as LEDs shows no sign of slowing, new research suggests.

According to analysis from Frost & Sullivan, the flat panel display market made a whopping $67.40 billion last year, and this figure stands to reach an incredible $122.79 billion by the end of 2013.

This includes the sales of those rather lovely plasma display panels (PDPs), despite increased competition from LCD screens.

Frost & Sullivan research analyst Divya Bhaskaran commented: "Apart from robust growth in the LCD market, there is also considerable demand from replacement markets such as for televisions as well as from new products enabled by FPDs such as portable media players, high-end mobile phones, and high-definition televisions (HDTVs).

"Leading PDP companies are ramping up production in line with the growing demand for large-screen flat TVs, indicating a bright future for PDP technology in the 50 inch and above segment. On the other hand, LCD panels are likely to dominate the under 50 inch segment."
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