Andre Yoskowitz
12 Feb 2009 20:44
In March, Pioneer announced it was halting Plasma display production and today Vizio has made a similar announcement, putting another nail in the technology's coffin.
The inexpensive HDTV maker has decided to move its focus to LCD sets, and will completely halt its plasma production by the end of the year.
With Vizio and Pioneer bowing out, three major manufacturers remain in the plasma business: LG, Panasonic, and Samsung.
Plasma TV shipments rose 28 percent for the Q4 2008 and were up over 10 percent for the entire year. Despite those statistics, LCD TVs control the market, selling about seven times the amount of plasma sets over a full year.