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iSuppli Sees Green Future for LED-backlit LCD-TVs

Light Emitting Diode (LED)-backlit Liquid Crystal Display-Televisions (LCD-TVs) will gain considerable momentum in 2010 and beyond because of the increasing commitments from various parts of the TV supply chain, consumer demand and a higher focus on green technologies, according to iSuppli Corp. iSuppli forecasts that global shipments LED-backlit LCD-TV 40-inches and larger in size will expand to 112.1 million units by 2013, rising at a whopping Compound Annual Growth Rate (CAGR) of 405 percent from a mere 34,000 units in 2008. In 2010 alone, shipments of LED-backlit LCD TVs 40-inches in size and larger will rise by a factor of nearly eight, reaching 18.8 million units, up from 2.5 million in 2009.

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