China LCD TV shipments estimated to surpass 20 million units by 2010
China’s LCD TV market is poised for tremendous growth during the next four years, with a whopping 49% compound annual growth rate (CAGR) expected during the period from 2005 to 2010, according to research firm iSuppli. China’s LCD TV shipments are predicted to increase to more than 20 million units in 2010, up from a mere 1.4 million units in 2005, the research firm said.
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