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Plasma TVs to get thinner, brighter and sharper

Fox Business: As if plasma televisions weren’t thin enough, manufacturers are gearing up to launch models that will be miniscule in depth and promise even brighter picture.

In the next couple of years, consumers should expect to see advances in plasma TVs on the market from the leading display-panel manufacturers.

“The plasma market is only about eight years old,” said Jim Palumbo, president of the Plasma Display Coalition. “There’s a lot of room for tremendous development.”

While these new plasma displays will come with a premium, they should quickly come down in price given the nature of the consumer electronics market, which sees prices drop precipitously each year. The moves on the part of the industry are in response to the huge demand for flat panel TVs that hang elegantly on your wall.

“Plasmas are going to get even thinner and have extremely better quality,” said Palumbo. “Flat panel is where the industry is moving.” According to Palumbo, 30 million plasma televisions are expected to be sold this year, up from around 25 million last year.

Plasma TV