LED TV penetration to hit 40 percent in 2011

Posted on Wednesday, November 03 2010 @ 2:26 CET by Thomas De Maesschalck

Epistar president MJ Jou estimates penetration of LED-backlit TVs will hit 40 percent next year, double as much as this year.

LED-backlit TV market penetration will increase to 40% in 2011 from 20% in 2010, and Epistar plans to ramp up capacity by 30% in 2011 after already raising its capacity by 30-40% in 2010, according to company president MJ Jou.

Jou pointed out that the upstream material shortage was the most serious in the third quarter, but due to seasonal impacts and material suppliers' new capacity going online, tight supply should begin to ease in November and December.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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