LCD Enjoys Record Quarter; Plasma Fares Poorly Overall

LCD panel shipments for HD TV screens posted a record second quarter in 2007 with a leap of 32 percent quarter to quarter and 65 percent year to year, to about 19.6 million panels, according to new figures from analyst DisplaySearch.
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LCD panel shipments for HD TV screens posted a record second quarter in 2007 with a leap of 32 percent quarter to quarter and 65 percent year to year, to about 19.6 million panels, according to new figures from analyst DisplaySearch.

The researcher said the quarterly figures both exceeded the expectations of suppliers and DisplaySearch’s own forecast, by about 4 percent. A 28 percent jump in quarterly revenues (as well as 39 percent year to year) prompted a record $7.2 billion, according to DisplaySearch.

Meanwhile, more shipments of bigger screens continue. DisplaySearch said for the first time, shipments of LCD panels more than 40 inches diagonally were more than double the 40-inch and smaller shipments. Also, LCD’s share of flat-panel screens over 40 inches climbed to 68 percent in the second quarter, compared to 42 percent for the same period in 2006.

DisplaySearch attributes LCD’s growth in shipment of larger screens, in part, to the availability of bigger substrates—from which screen glass panels are cut at assembly plants—as well as the successful marketing of 1080p sets (often dubbed “full HD”).

For plasma, overall panel shipments were flat from quarter to quarter (and down 4 percent for the year), to about 2.3 million panels shipped. However, despite a general decline, plasma did post some growth for the larger screens (50 inches and up) of 29 percent—and especially for 1080p panels, which grew a dramatic 545 percent, to 170,000 panels for the quarter.