Revenue from small to medium-sized liquid-crystal displays (LCDs) came in at $1.21 billion worldwide in the second quarter, a drop of 15 percent from the first quarter, according to a new report from market researcher DisplaySearch. The 100.8 million units shipped in the second quarter represent a 4 percent decline from the first quarter, while the average sales price dropped 11 percent. Small to medium-sized LCDs are used in products such as cell phones, handheld computers, digital cameras and digital camcorders.
Second-quarter shipments of LCDS for handheld computers and so-called smart phones fell 38 percent from the first quarter to 2.57 million units, while revenue dropped 28 percent to $93 million. Shipments of displays for mobile phones fell 3 percent to 90 million units, with revenue down 18 percent to $811 million. Despite the continuing economic slump, DisplaySearch forecasts that revenue from all small to medium-sized LCDs will grow in the third quarter as unit shipments increase by 9 percent from the second quarter and the average selling price jumps 7 percent.