LCD driver sales to generate $3 bln in 2005

According to iSuppli, revenue from worldwide shipments of driver ICs for large-size LCDs will expand to $4.2 bln in 2009, rising at a compound annual growth rate (CAGR) of 12.6% from $2.3 bln in 2004. Unit shipments of LCD drivers will reach 4.2 bln units in 2009, expanding at a CAGR of 19.8% from 1.7 bln 2004. For 2005, iSuppli projects driver sales of $3.0 bln on 2.3 bln units.