Prices to plunge with demand for plasma TVs?
It looks as if plasma is losing ground in the high end of the TV market.
Shipments of plasma panels--sheets of glass placed inside plasma televisions--rose only 3 percent in the fourth quarter of 2006 over the same period the year before and actually declined 4 percent from the third quarter of 2006, according to research firm DisplaySearch.
It was the first quarter that plasma panel shipments grew less than 47 percent on a year-to-year basis and only the second time since the first quarter of 2003 that there has been a sequential decline.
Plasma panel shipments were 15 percent lower than the suppliers' aggregate forecast and 9 percent below DisplaySearch's forecast.
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