Displaysearch Reports Plasma Panel Shipments Exceeded Q4`04 Expectations
AUSTIN, TEXAS, February 14, 2005—DisplaySearch, the worldwide leader in flat panel display (FPD) market research and consulting, reported in its Q1`05 Quarterly PDP Module and TV Shipment and Forecast Report that PDP modules exceeded expectations by 3% in Q4`04, rising 37% Q/Q and 98% Y/Y to a record 1.2M panels. This stronger than expected growth can be attributed to strong holiday and Super Bowl demand, supported by lower pricing and rising interest in flat panel TVs and HDTVs. Blended PDP module ASPs fell at a double-digit rate in Q4`04 for the third consecutive quarter, resulting in a 23% Q/Q and 31% Y/Y increase in revenues to a record $1.2B.
For the year, PDP module shipments to the TV and Public Display markets rose 107% to 3.6M panels, with revenues rising 51% to $4.3B and with blended ASPs down 27%. Additional highlights from the latest report include the following:
The 42`-43` share rose from 73% to a record high 76% as demand
responds to new price points. The <40` segment dropped from 13% to
11%, while the 46`+ market remained flat at 13%. 50` and 42`-43` were
the two fastest growing categories and were the only segments to gain
share.
42` 480p reached a 54% share in Q4`04, a record high, on strong demand
outside of Japan. Four out of five PDP TVs sold in Japan offer HD
compatibility while only four out of ten PDP TVs sold in North America
and Europe are HD capable. As a result, HD PDP modules fell from a 42%
to a 41% share in Q4`04.
Samsung SDI, LGE, Matsushita and Pioneer all enjoyed impressive growth
in Q4`04, up at least 31% Q/Q. The rankings remained the same as last
quarter with Samsung SDI leading followed by LGE, Matsushita, FHP and
Pioneer.
While Samsung SDI remained #1 in TVs, Matsushita continued to lead in Public Displays.
Korea`s share of shipments exceeded 50% for the first time, reaching
52%. Its TV module unit share reached 54% with its Public Display share
at 27%.
On a revenue basis, LGE overtook Samsung SDI due to its greater emphasis on higher resolutions and larger sizes.
By size, FHP led at 32`, 37` HD, 42`-43` HD and 55`, Matsushita led at
37` 480p, Samsung SDI led at 42` 480p, Pioneer led at 50`, and LGE led
at 60-65`.
In addition to covering PDP module shipments, this report now provides branded PDP TV shipments and share by region, size and resolution for the previous quarter as well as a rolling eight-quarter forecast of PDP TV shipments by price, region, size and resolution. For more information about this report, please contact Arie Braun at 512-459-3126, x108, or arie@displaysearch.com.
Representatives from DisplaySearch, leading PDP supplier Samsung SDI, and leading TV brands will discuss their PDP module and TV outlooks at the upcoming 7th Annual DisplaySearch US FPD Conference March 1-3 in San Diego, California. Contact Kendra Smith for more information on registration, sponsorship and exhibits by calling 512-459-3126 x107, emailing kendra@displaysearch.com or visiting www.DisplaySearch.com/usfpd2005.
About DisplaySearch
DisplaySearch is the worldwide leader in market research and consulting for the FPD and related industries. Founded in 1996, DisplaySearch serves a growing multinational client base, with an extensive array of market intelligence reports, advisory services, and global business conferences. The firm surveys the entire display industry food chain, including component and equipment manufacturers, display producers, OEMs, distributors and retailers. From this comprehensive vantage point, DisplaySearch prepares a valued suite of market forecasts, technology assessments, studies and analyses, and produces influential industry events worldwide. The firm is comprised of a core team of 18 analysts, located in Japan, Korea, North America and Taiwan. DisplaySearch is headquartered in Austin, Texas, with regional operations in Chicago, Houston, San Jose, Seoul, Taipei and Tokyo, and the company is on the web at www.displaysearch.com.
