Small Flat-Panel Shipments to Surge on Smartphone, Tablet Sales

Shipments of smaller liquid-crystal display (LCD) flat panels will surge this year, boosted by the growing popularity of smart phones and tablet-type computer devices. Meanwhile, shipments of larger LCD panels used for television sets are in a slump.

Manufacturers of small- and medium-sized LCD panels will ship 2.3 billion units this year, up 28% from the 1.8 billion panels shipped in 2009, research firm iSuppli said in a report released today. The growth rate is the largest since 2007, when the number of smaller LCD panels shipped jumped by 50%.

Sponsored Links

The increase illustrates the continued growth in popularity of smartphones such as Apple Inc.'s (AAPL) iPhone and Google Inc.'s (GOOG) Android-based mobile devices. Additionally, shipments of tablet-type devices, such as Apple's iPad, will surge eightfold this year, according to iSuppli.

The growth rate contrasts with the larger LCD panel market, which has been hurt by lower-than-expected flat-screen TV sales. Global manufacturers shipped 98.8 million LCD panels during the first half of the year, when 76.2 million LCD sets were shipped, indicating a glut of 30%, iSuppli said in a separate report last week. Such widening inventory has caused panel makers to drop prices to near-cost levels.

Read Full Story

Can't get enough personal finance tips?

Sign up for Finance Report by AOL and get everything from consumer news to money tricks delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.