According to DisplaySearch's Quarterly Global TV Shipment and Forecast Report, Plasma and LCD TV Panel Shipment Module, shipments of the panels dropped 12 percent to 3.8 million in the final quarter of 2008. Meanwhile, 1080p panels grew in share, representing 25 percent of those sold.
Meanwhile, Panasonic widened its market share lead to just under 50 percent, followed by Samsung and LG; Panasonic was the only brand whose sales grew in the quarter.
"Due to the demand reduction brought about by the economic crisis and manufacturing line shut downs by each plasma panel maker, it is hard to expect optimistic results for 2009 PDP shipments," DisplaySearch's Director of Display Technology and Materials, YS Chung, said as part of the announcement "It is also hard to expect positive revenue growth in 2009 due to LCD’s price erosion and move into 50”+ sizes."
