350 mln bi-stable displays to ship by 2012

Global shipments of bi-stable displays are expected to reach 350 mln units by 2012, increasing at a CAGR of 65% from a mere 29 mln units in 2007. Market revenue is forecast to reach $516 mln by 2012, rising at a Compound Annual Growth Rate (CAGR) of 46% from an estimated $77.9 mln in 2007. The market for low-power forms of existing LCD and Organic Light Emitting Diode (OLED) displays also is set to grow rapidly, reaching $24 bln in sales by 2012, rising at a CAGR of 27% from $6 bln in 2007, according to iSuppli.