Technology has been improving at an alarming rate in the past few years. As we speak, superior products are being developed that will supersede current electronic gadgets that we use on a daily basis.
The television industry has always been a competitive market as large corporations attempt to develop products that will give them the edge over their competitors. Every company wants to develop the most advanced products and control the market. The competition in the TV industry is particularly fierce at the moment as manufacturers are able to produce high quality products such as LCD and plasma screen TVs at very low prices.
The TV market is currently dominated by LCD and plasma screen TVs, although there is evidence to suggest that the majority of consumers favour LCD screens and it’s possible that plasma screens may become a thing of the past. However, the price of plasma TVs is being slashed accordingly and it is now possible to pick up a brand new plasma TV for a great price. If you’re considering investing in a new TV to replace a dated CRT set then you may be left wandering about whether to opt for plasma or LCD. Thankfully there are plenty of handy guides online that can help you make the right decision.
However, there is a huge amount of money currently being invested by the World’s electronic giants and new, highly advanced LCD TVs are taking the market by storm. LCD seems to be the technology favoured by the majority as LCD TVs tend to be much more cost effective than plasma screens and there is a greater scope for development.
It also seems like LCD is the choice for the majority of consumers, many of whom opt for LCD TVs due to their lower cost, long life span and greater reliability.