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Plasma screens fall in price as production jumps

 


A massive rise in the production of plasma displays during the second quarter of this year holds out the promise of falling prices and greater availability, according to a market research company.

Isuppli, in its quarterly report on PDP systems, said that production of plasma screens jumped to 389,785 during the second quarter of this year – a rise of 30% on the previous quarter, and 122% up compared to the second quarter of 2002.

Analyst Riddhi Patel, at iSuppli, suggested that consumer interest in hanging a big plasma screen on your living room wall is picking up pace because of falling prices.

And, said Patel, improvements in manufacturing the plasma displays will prompt more of the same in the future, with yields improving.

In the report, Plasma Display Market Tracker Q3 2003, Riddhi says that manufacturing costs will decline steeply, and we can expect big price reductions.

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TheInquirer