Liquid crystal display television (LCD TV) is a television using LCD television  technology for its visual output. This technology is generally TFT. It is contrasted to alternate visual output technologies, such as cathode ray (CRT) or plasma display (PDP TV). Early LCD television had drawbacks relative to traditional visual display technologies. It displayed fast-moving action with "ghosting" and could be viewed best only looking straight at the screen or from a slight angle. These problems have largely been overcome in recent years, and LCD televisions, along with plasma displays, have taken over the dominant market position worldwide from cathode ray displays. For a long time it was widely believed that LCD television technology was suited only to smaller sized televisions, and could not compete with plasma technology at larger sizes. This belief has been undermined by the announcements of seventh-generation panels by companies such as Sharp Corporation, Sony, Samsung, Westinghouse Digital, and LG. In October 2004, 40" to 45" televisions were widely available, and Sharp had announced the successful manufacture of a 65" panel. In March 2005, Samsung announced an 82" LCD television panel. Manufacturers have announced plans to invest billions of dollars in LCD television production over the next few years, with LCD televisions expected to be a key market. (The other main market for LCD displays is in computer monitors.)