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Documents Digital TV semiconductor market 'set for double digit growth'
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  • Author Author: e14news
  • Date Created: 24 Feb 2011 7:05 PM Date Created
  • Last Updated Last Updated: 7 Oct 2021 8:39 AM
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Digital TV semiconductor market 'set for double digit growth'

New research has suggested that the market for digital TV semiconductors is set to witness double-digit growth in 2011.

The entire segment is expected to grow by 16.5 per cent.

According to IHS iSuppli, the market will be massively reliant on the rise of LED backlight chips.

This is because consumers are demanding more sophisticated TV sets, IHS said.

"The disparity in growth between the overall DTV semiconductor market and the LED backlighting segment points to divergent dynamics in the television space today," explained Randy Lawson, manager and principal analyst for display and consumer electronics at IHS.

"On one end of the continuum, the slowdown of the DTV semiconductor market mirrors the general deceleration of growth in the worldwide television market, particularly in the United States and the European Union."

He added that it also reflects the decline in average selling prices of television semiconductors.ADNFCR-1785-ID-800426977-ADNFCR
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