Samsung Electronics has taken the wraps off a 70-inch liquid crystal display (LCD) panel that it hopes will help boost the competitiveness of LCD technology in the big-screen TV sector.The panel refreshes the picture 120 times a second—double that of the LCD panels used in most TVs. In a demonstration at the FPD International 2006 show on Wednesday in Yokohama, Japan, images and text scrolling across the panel appeared to move more smoothly than on existing LCD TVs.Samsung plans to begin commercial production of the 70-inch panel early next year, and it should be available in TV sets in the months following.Their launch will mark another step by LCD technology into a part of the market currently dominated by plasma display panels (PDPs). When flat-panel TVs first started becoming popular, the division between LCDs and PDPs was at around the 42-inch mark, but LCD makers have been steadily launching larger screens. Competition between LCD and PDP makers is fierce because so much money is at stake. The market in screens for flat panel TVs is expected to be worth $29.6 billion this year, up 60 percent on last year, according to a report published on Tuesday by DisplaySearch.Revenue from LCD panels is expected to account for 71 percent of that market, up from two-thirds in 2005, with PDPs falling from 39 percent to 27 percent of revenue, said DisplaySearch. Samsung Electronics is one of the world’s largest display makers. In the quarter ending in September, it sold LCD panels worth 3 trillion won (US$3.2 billion), up 12 percent from a year earlier. Demand for panels for big-screen TVs was strong, it said on Monday when it announced quarterly earnings. More than half of the 3 million TV panels sold by Samsung during the quarter were 40 inches or larger, it said.-Martyn Williams, IDG News Service (Tokyo Bureau)Related Links: Sony to Produce 3 Millionth Made-in-Japan LCD TV Sharp Develops Triple-View LCD Dell Showcases New LCD TVs, Printers Toshiba, LG.Philips Team on LCD PanelsCheck out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content feature Expedia poised to take flight with generative AI CTO Rathi Murthy sees the online travel service’s vast troves of data and AI expertise fueling a two-pronged transformation strategy aimed at growing the company by bringing more of the travel industry online. By Paula Rooney Jun 02, 2023 7 mins Travel and Hospitality Industry Digital Transformation Artificial Intelligence case study Deoleo doubles down on sustainability through digital transformation The Spanish multinational olive oil processing company is immersed in a digital transformation journey to achieve operational efficiency and contribute to the company's sustainability strategy. By Nuria Cordon Jun 02, 2023 6 mins CIO Supply Chain Digital Transformation brandpost Resilient data backup and recovery is critical to enterprise success As global data volumes rise, business must prioritize their resiliency strategies. By Neal Weinberg Jun 01, 2023 4 mins Security brandpost Democratizing HPC with multicloud to accelerate engineering innovations Cloud for HPC is facilitating broader access to high performance computing and accelerating innovations and opportunities for all types of organizations. By Tanya O'Hara Jun 01, 2023 6 mins Multi Cloud Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe