iSuppli: LED sales will increase fourfold in 2010
Yesterday, data released by iSuppli, a market research company in the electronics manufacturing industry, showed that global shipments of LED-backlit LCD TV panels last year were 4.8 million units, which is expected to grow to 25.4 million units this year, an increase of more than 400%.
iSuppli said that the global LCD TV panel market will see a significant increase in revenue and profitability this year, driven by rising demand, consumers turning to larger displays, and improved manufacturing efficiency.
The incremental changes in the global market are also reflected in the domestic market. Pan Zhifeng, general manager of Skyworth Beijing Branch, said that this year will become the first year of LED sales. In the first-tier cities, the market share of LED and traditional LCD TVs is expected to reach 5:5.
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