iSuppli: Big LCD Results Strong in Third Quarter
Large-panel LCD suppliers are expected to enjoy strong third-quarter results, including a 17 percent jump in revenue, the research firm iSuppli reported late last week. The expected gains are reportedly due to stronger demand, tighter supply and higher prices.
The units’ revenues are expected to jump 17 percent from the same period last year and 34 percent from two years ago, bringing projected full-year revenues to $68.7 billion. In raw numbers, iSuppli predicts the market for large LCD units will reach 370 million units by year’s end.
iSuppli predicted, however, that fourth-quarter growth may be impacted by the housing and credit crunch in the U.S.