Global electronics display market to exceed $100 bln in 2007

Driven by soaring sales of TFT-LCDs, the global electronic display market is expected to exceed $100 bln in revenue in 2007, according to iSuppli Corp. TFT-LCD production will reach nearly 2.5 bln units in 2011, up from 1.2 bln in 2006. The television market is driving rapid growth in TFT-LCD area production; TFT-LCD TV area production in 2007 will exceed the level of all TFT-LCD production in 2005. LCDs will account for 65% of all TV displays in 2011, up from 11% in 2005.