LCD TV market to double in 2004

An explosive demand for LCD screens for televisions is forecast to lead to a near doubling of the world’s LCD market to $42 billion by 2007, technology research group IDC said. In 2004 the total LCD panel market is expected to grow over 50% to about $37 billion from $24 billion in 2003 as TVs as thin as a picture frame prove as popular as flat computer screens.