LCD TV market losing steam

In the last quarter of year 2008 the total number of shipments of LCD TV in North America was lower comparing to the last quarter in year 2007 according to data released by DisplaySearch.

Instead of 8.9 million LCD TV, it was sold just 8.7 million. Plasma TV shipments increasead by 28% during the fourth quarter of 2008 and overall were up to 10% for the year. The number of major manufactures of plasma sets is declining. Third biggest manufacturer Vizio will decease production of plasma and focus entirely on LCD TVs. The NEC has allready deceased production of plasma and
the Pioneer is also leaning toward exiting of plasma business. That leaves only Panasonic, Samsung and LG manufacturing plasma sets.