ED Backlighting Drives Double-Digit Growth for DTV Semiconductors in 2011, According to iSuppli

LIGHTimes News Staff

February 22, 2011…Driven by the vibrant LED backlighting segment, the global digital TV (DTV) semiconductor market is expected to expand by 16.5 percent in 2011, according to new IHS iSuppli research. Revenue in 2011 for DTV semiconductors is projected to reach $15.5 billion, up from $13.3 billion in 2010. iSuppli says that without the fast-growing market for LED backlights used in liquid-crystal display (LCD) televisions, growth of the overall DTV semiconductor space in 2011 would amount to just 4.1 percent. Revenue will continue to rise during the next few years, hitting $19.0 billion in 2014.

The strong rise in the LED backlighting chips this year contrasts with the decelerating growth in the overall DTV semiconductor market. This year’s DTV semiconductor growth is reportedly only half of the 33 percent expansion rate recorded last year. iSuppli points out that during 2010 the market rebounded from an anemic 2009 that was crippled by the economic crisis. The LED segment, on the other hand, continues at its fast growth, jumping 138.4 percent from $1.3 billion in 2010 to an expected $3.1 billion this year, the company says.