Philips: Widescreen adoption in LCD monitors not as quick as expected

Although panel makers have aggressively pushed widescreen LCD monitor panels, the adoption rate is not expected to proceed as fast as expected, with the penetration rate of the segment now set to increase from 2% in 2005 to 9.8% in 2008, according to Sara Liu, assistant manager of market intelligence, Philips CEBLC-MMFD, Royal Philips Electronics.

Panel makers have rolled out various widescreen monitor panels, as it is more cost-efficient to cut glass substrates from later generation panel plants into widescreen models, rather than into standard (4:3 ratio) panels, sources said.

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