20 mln LCD TVs made by Chinese companies to sell in 2010

China’s LCD-TV shipments are predicted to increase to more than 20 mln units in 2010, up from a mere 1.4 mln units in 2005. This dramatic increase in unit shipments will be reflected in revenue, with the Chinese LCD-TV market growing to $12.8 bln in 2010, rising at a CAGR of 59.4% from $1.3 bln in 2005, iSuppli says.