NORWALK, CT -- Worldwide shipments of electronic displays reached $85 billion last year and
will grow at an average annual growth rate of 10.6%, reaching $141 billion by
2010.
Rearchers Business Communications Co. forecast flat panel displays will almost eliminate CRTs, which accounted for just over 32% of the market in 2005 and are forecast to decline to 6.6% by 2010.
Flat panel displays accounted for 67% of the
total value in 2005. and will grow at an AAGR of 16%, jumping from $57.8 in 2005 to $121.5 billion in 2010. At this
point they will account for 85% of the total display value in 2010.
Liquid crystal displays are used in a broad range of technologies,
particularly the fast growing handheld applications. LCDs are the primary
competitor to the CRT and will reach an AAGR of 17.5% in 2010. Shipments of
plasma displays, a competitor in large television applications, reached $4
billion in value in 2004. Over the five year forecast period, shipments of
plasma displays are forecast to reach a value of $10 billion.
Organic light emitting displays (OLEDs) are a burgeoning display technology
that had shipments valued at close to $1 billion in 2004. The value of OLED
shipments is expected to grow at an AAGR of 22.3% by 2010 to reach more than $3
billion. Shipments of other display technologies, including inorganic LEDs and vacuum fluorescent displays are projected to
grow in value at rates exceeding 4% through the 2010 forecast period.
TAIPEI -- Foxconn filed more patent applications than any other business in Taiwan in 2005.
Foxconn, which also goes under the name Hon Hai Precision Industries, filed for 1,886 patents, nearly 1,000 more than runner-up Industrial Technology Research Institute. The EMS company received approval for 1,018 patents last year.