Flat-screen television sales will almost triple next year as more consumers replace their traditional cathode-ray TVs, market researcher DisplaySearch said.
Sales of televisions using liquid-crystal displays will rise threefold to 3.6 million units next year, while those with plasma-display panels will more than double to 900,000 units, Austin, Texas-based DisplaySearch said.
Sales of flat-screens used in televisions are expected to grow at a faster pace than personal-computer panels. While flat screens currently account for 1 percent of all television sales worldwide, more than a third of personal computers sold this year will have the thinner panels, DisplaySearch said.
"Flat-screen televisions have more room for replacement than personal computers," said Sam Matsuno, senior vice president at DisplaySearch.
Falling prices will spur demand, Matsuno said. The price of a standard liquid-crystal panel, measuring 15-inches diagonally, for televisions is expected to fall to US$157 next year from an average price of US$242 this year.
Sharp Corp had a 51 percent share of the worldwide market for liquid-crystal display televisions in the third quarter, DisplaySearch said. LG Electronics Inc was second with a 15 percent share and Samsung Electronics Co and Sony Corp shared the third position with 9 percent.
In the third quarter, Sharp was also the No. 1 maker of liquid-crystal panels for TVs, with a 58 percent share. LG Philips LCD Co, a venture between South Korea's LG Electronics and Koinklijke Philips Electronics NV, came in second with a 20 percent share.
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