Flat panel TV sales to break $10 billion barrier in 2003; Asian vendors use rival technologies to battle for dominance of fast emerging consumer market.

0 Comments | M2 Presswire, March, 2003

M2 PRESSWIRE-19 March 2003-STRATEGY ANALYTICS: Flat panel TV sales to break $10 billion barrier in 2003; Asian vendors use rival technologies to battle for dominance of fast emerging consumer market(C)1994-2003 M2 COMMUNICATIONS LTD RDATE:03192003 London, England -- According to the latest research from Strategy Analytics, consumers will spend $10 billion worldwide on flat panel TVs for the first time this year.

The report, released to subscribers to the firm's Broadband Device Strategies service, predicts that revenues will be equally divided between the two leading display technologies, LCD and Plasma. By 2008, however, plasma's dominance of large screen segments means that it will take 61 percent of the global $41 billion market, while LCD's strength...