LCD shipments rose 41 percent in the fourth quarter of 2007 versus the third quarter, and by 56 percent year over year. In total, 28.5 million LCD TVs were sold, which represented a 47 percent market share versus a 46 percent share for CRT TVs. In all of 2007, 79.3 million LCD TVs were sold, the firm said.
LCD TVs have become more popular, with consumers choosing them over CRTs largely because of their form factor, and because the LCD technology used can take advantage of economies of scale. Plasma TVs, while trailing LCDs in terms of units sold, also make up a sizeable percentage, and are currently considered a better value .
The DisplaySearch figures represent the firm's final tallies for 2007.
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