Global PDP (plasma display panel) shipments rose only 3% sequentially in the second quarter of 2006 to 2.4 million panels, according to research firm DisplaySearch, noting that the growth was 8% slower than PDP manufacturers' aggregate forecasts.
On a year-on-year basis, the shipments were up 73%. Revenues were down 1% sequentially while rising 52% on year. The slower-than-expected sequential increase can be attributed to several factors, stated the firm.
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