The global market for large-sized LCD panels appears to be shrugging off economic concerns this year, with rising demand for monitor, notebook-PC and television panels expected to generate a 17.7% increase in unit shipments in 2008, iSuppli Corrp. predicts. iSuppli defines large-sized LCD panels as those having a diagonal dimension of 10 inches or larger.

Large-sized LCD panel shipments in 2008 are projected to rise to 458.9 million units, up 17.7% from 389.8 million in 2007. This compares to 38.9% growth in 2007.

The large-sized LCD panel market is expected to reach 737.6 million units by 2012, expanding at a Compound Annual Growth Rate (CAGR) of 13.6% from 2007. This according to a report by the Society for Information Display.