Tuesday, February 26, 2008

[Korea.net News, Science / Tech, February 8 2008] Plasma TV Industry to jump this year

Korea’s plasma TV industry is expected to fare well this year, after recovering from last year’s poor performance.

Last year, the country’s Plasma Display Panel (PDP) manufacturers went into the red, but that will change this year due to large-scale international sports events and the relatively weak performance of LCD televisions. Industry sources predict the flat TV manufacturers will make up for last year’s losses.

In the run-up to the 2008 Beijing Olympic Games, China’s demand for flat panel televisions is skyrocketing. Euro 2008, known to be more popular than the Soccer World Cup, will also boost flat panel TV sales in European countries, said the sources.

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