Global sales of plasma televisions surged 95 percent in the April-June quarter from a year earlier to 2.2 million units, bolstered by robust sales at Japan's Matsushita Electric Industrial Co, US research firm DisplaySearch said.
Plasma display panel (PDP) TVs took a 5 percent share of the world-wide TV market in the second quarter in unit terms, up from 4 percent in the first, the company said in a report dated August 24.
Demand for flat-screen TVs, such as PDP TVs and liquid crystal display (LCD) TVs, is surging as falling prices lure consumers who want to trade in bulky picture tubes for large, sleek televisions. On a revenue basis, PDP TV sales grew 57 percent from a year earlier as price declines outpaced increases in the average size of televisions sold, DisplaySearch said. Plasma TVs accounted for 20 percent of the global TV revenues in the second quarter, up from 18 percent in the first.