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Lower-Priced Projection TV Outshines Plasma

Some 2.3 million digital projection TVs were shipped in the United States in 2003, and 2.6 million are expected this year, according to the Consumer Electronics Association. That compares with 315,000 plasmas last year, and 515,000 seen in 2004, it said.

At an average price in 2003 of $4,600 — enough for a Hawaiian vacation or a 1997 Toyota Camry — consumers often think twice about plasma TVs. That second thought brings them to projection TVs, which also have high-resolution images, but at a more earthbound price of $1,400, on average.

Read the full story at Reuters Technology.