Large-size TFT-LCD shipments decline 7%, revenues fall 12% in 1Q11, says DisplaySearch
First-quarter 2011 shipments of large-area TFT LCD (larger than 9.1-inch) fell to 164 million units, down 7% on quarter, but up 5% on year. Revenues for the quarter were US$17.5 billion, falling 12% on quarter and 19% on year, according to DisplaySearch. LCD panel manufacturers are targeting an aggressive 18% shipment growth in second-quarter 2011, as panel demand increases due to low …