Panasonic has come out to strongly support their latest technological advancement in the 4K TV technology, claiming that it is bound to succeed as there is more drive to it as compared to the 3D that has really failed to gain attention in the market. Although Panasonic 4K TV costs approximately $4100, which is quite a large amount to be spent on a TV, they are optimistic that the 4K TV will rise.
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DisplaySearch forecasts that 3.2 million 3D TVs will be shipped in 2010, with growth to over 90 million in 2014. Based on this forecast, 3D will grow from 2% of all flat panel TVs shipped in 2010, to 41% in 2014.
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Panasonic has submitted a proposal for a 3D Blu-ray standard to the Blu-ray Disc Association.
The submission comes as Korea’s LG announces its intentions to bring 3D TVs to some markets in 2009.