Plasma TV manufacturers including Panasonic and Pioneer are expected to post weak financial results for this quarter, having lost their dominance in the large TV market to more popular LCD screens.
This follows last week’s worse than expected quarterly loss posted by Samsung, the world’s third largest plasma producer, as a result of falling TV prices.
In contrast, LCD manufacturers are experiencing a growth in sales regardless of falling prices with Sharp expected to post a modest increase from its sales of large screen LCDs.
All this despite plasmas being generally regarded as the best of the two flat screen technologies but it seems it comes down to a question of cost.
Related stories
Survey reveals that most people prefer plasma
Beginner's Guide to HDTV: Plasma or LCD?
LG may pull out of the plasma business
From: Sony to double BRAVIA LCD TV production for growing European demand