Array processing equipment for TFT-LCDs to drop 10.2% in 2006
The worldwide market for array processing equipment for TFT-LCDs will drop 10.2% in 2006, according to The Information Network. The research company projects that the oversupply situation in LCD panels, which averaged 6% in 2005, to double to more than 13% in 2006. LCD manufacturers will delay equipment purchases and as a result, array processing equipment will drop 10.2% in 2006 to $4.0 bln. Lithography tools from Canon and Nikon led the equipment market with sales of $1.4 bln in 2005, which will drop to $1.3 bln in 2006.