LCDs to outsell CRTs in 2005

By sometime next year, 17-inch LCDs will dominate the market, according to IDC. By 2007, the number of LCDs shipped will reach 119 mil. Developed countries will have almost completely switched over to the slimmer displays by then, and CRTs will be sold primarily in less-developed countries. CRTs will account for 30 mil units in 2007. The demand for LCD monitors is going up as manufacturers of desktops, notebooks and television sets make the switch from the venerable CRT design. According to an earlier study by iSuppli, worldwide revenue for LCD panels is expected to reach $47 bil in 2004, up 32% from last year.