On February 23, according to a report released by IHS iSuppli research institute on Tuesday, due to the outstanding performance of LED (light-emitting diode) products, the global digital TV semiconductor market will expand by 16.5% this year.
The digital TV semiconductor market generated revenue of $13.3 billion in 2010 and is expected to generate $16.6 billion this year. In the next few years, revenue in this market will continue to rise. By 2014, it will reach a scale of 19 billion US dollars.
LED backlight chips will also see strong growth this year. The performance in this area will grow from US$1.3 billion to US$3.1 billion. By 2014, it will reach US$5.5 billion. LED TVs will account for 80% of the entire flat-panel TV market.
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