LCD TV outsourcing generate $8.9 bln in 2006

LCD-TV outsourcing generated $8.9 bln in revenue in 2006 and is projected to grow to $25.2 bln in 2011, rising at a CAGR of 23.2%. The ODMs and EMS providers have been lured to the LCD-TV market by its triple-digit increases in shipments during the last few years. LCD-TV unit shipments expanded by 103.9% in 2006 and will rise at a Compound Annual Growth Rate (CAGR) of 31.7% for the five-year period of 2006 through 2011, iSuppli says.