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Report: Large LCD Panels Expect Q3 Surge

18 Oct, 2007 By: Chris Tribbey

Strong demand, coupled with price increases, is expected to help large LCD screens (above 10 inches) generate strong third quarter results, according to a new research report.

El Segundo, Calif.-based iSuppli Corp. said LCD panel revenue is projected to increase 17% from the second quarter ($16.7 billion) and 45% from the same period last year. For the year, large-size LCD panel revenue is projected to rise 27%, to $68.7 billion, compared to $53.9 billion last year.

The report projects 20% growth for monitor panels, 35% growth for notebook panels and 51% growth for TV panels in 2007, compared to 2006.

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