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Plasma takes off

23.07.2005

After last year's crisis caused by oversupply and low demand, plasma panel manufacturers again have a reason to drink champagne. In a matter of months, the crisis was completely over.

"While we were short of interested customers last year, orders now far exceed our production capacity," said Ryu Jaehwa, chief executive of LG Electronics. "We were unable to complete about 10% of orders." Samsung SDI, the world's largest PCB manufacturer, is also unable to keep up with increased customer demands.

According to a source at Samsung, global consumption of plasma displays increased by 20% in the last quarter to 1,4 million units.

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