 |
 |
17 Jun 2002
US consultants report market growth for liquid-crystal display televisions.
Despite a slump in the price and demand for liquid-crystal displays (LCDs), manufacturers are coming up trumps and hunting out new markets, reports US-based market researcher DisplaySearch. By focusing development efforts on LCD televisions, companies such as Sharp, Panasonic and Sony are generating interest and healthy growth rates in the televisions.
"Shipments of LCD televisions in the first quarter of this year represented a USD 150 million market," said a DisplaySearch spokesperson. "Growth was impressive at 370% [from last year] and is expected to remain substantial as more companies enter the market."
Estimating quarterly revenues to reach USD 460 million by 2003, the analyst projects that quarterly LCD-television shipments will increase fivefold giving a total of 673,000 units.
Japan-based electronics giants dominate the market at present, with Sharp taking 88% of LCD television sales in the first quarter of this year. Other key players are Japanese companies Panasonic, Sony, Sanyo and Korea-based LG Electronics. As a nation, Japan holds 74.2% of the market and DisplaySearch expects the share to stay between 75 to 82% over the next two years.
 |  |  |  |  |  |  |
| © 2024 SPIE Europe |
|
