After two lacklustre quarters, plasma display panel shipments rebounded during the third quarter because of increased consumer demand driven by rapid price declines, according to display research company iSuppli.
Global shipments of PDPs, which are used mainly in TVs, reached 3 million units, up 27.1% sequentially, and up 15% year-over-year. In contrast, PDP-TV shipment growth in the second quarter was an anaemic 4.5%, following a sequential drop of 16.6% in the first quarter, iSuppli says. The first half of 2007 saw no growth compared to the equivalent period in 2006.
"The attractive pricing of plasma television sets has captured the attention of consumers, especially for the 50" and larger sizes, boosting the market prospects for PDPs," said Riddhi Patel, principal analyst for television systems and plasma panels at iSuppli.
