LCD TV semiconductors to generate $7.4 bln in 2011

The worldwide market for semiconductors used in LCD-TVs is expected to rise to $7.4 bln in 2011, up from about $2 bln in 2006. By 2011, LCD-TV chips will account for 84.2% of total DTV chip revenue, up from 54.3% in 2006. Chip shipments for LCD-TVs will rise to 178 mln units in 2011, up from 43 mln in 2006. LCD-TV chips will account for 77.4% of the DTV semiconductor shipments in 2011, up from 55.5% in 2006, iSuppli says.