4.5 bln small/medium displays to ship in 2011

The global market for small/medium displays, i.e. displays smaller than 10″ diagonally, is expected to grow to 4.5 bln units by 2011, rising at a Compound Annual Growth Rate (CAGR) of 4.5% from 3.6 bln units in 2006, according to iSuppli. New emerging applications such as digital photo frames and Portable Navigation Devices PNDs are driving much of the growth of the small/medium display market, with shipments of active-matrix LCD products for these uses rising to 2 bln by 2011, expanding at a CAGR of 18.2% from 900 mln units in 2006.