2003. 5
Demand for LCD TVs to surpass PDP TVs next year
Demand for LCD TVs are expected to surpass PDP TVs next year, according to DisplaySearch, an international marketing research and consulting firm specializing in flat panel displays (FPD).

The institute forecasted on Wednesday that LCD TV will account for 4.4% (8 million units) of the world TV market, up this year's estimate of 2.2%. On the other hand, PDP TV will attribute for 3.4% of the world TV market, up from an anticipated 3.2% share this year.

DisplaySearch also forecasted that the LCD TV division will grow faster than PDP TVs, representing 6.7% in 2005 compared with 4.5% of PDP TVs. Japan's Sharp currently controls 46.3% of the LCD TV market followed by Samsung Electronics (15.8%), Panasonic (8.3%), Sony (7.2%) and LG Electronics (6%).
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