Plasma Panel market Starts Flowing Again in Q3

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After two slow quarters, Plasma Display Panel (PDP) shipments bounce back during the third quarter of 2007 due to increased consumer demand driven by rapid price declines, according to research firm iSuppli.

Looking at the big-three suppliers of PDPs, Matsushita (Panasonic) maintained its lead in the third quarter of 2007 with a 30.2% share of unit shipments, followed by Samsung SDI with 29.1% and LG Electronics with 28.9%. The top-3 PDP makers in the third quarter accounted for 88.1% of total production and are likely to maintain this commanding position in the market for the next five years, according to iSuppli.

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