According to IMS Research, the market for semiconductors used in backlighting applications, including LED driver ICs, is expected to grow from Rs.5,504.00 crore ($1.1 billion) in 2008 to Rs.10,007.28 crore ($2.0 billion) in 2012.
"We expect the market for LED backlighting in notebooks, monitors and TVs to grow strongly," said Jamie Fox, a market research analyst for IMS Research. "In notebooks in particular, rapid growth is widely expected from 2008 to 2010."
Freescale plans to announce additional LED backlighting solutions for LCD TVs, monitors and notebooks in the first half of next year. Also in 2009, the company intends to pursue the automotive, commercial and residential LED lighting markets, which are expected to eventually dwarf the LCD TV market.
Source: EETimes
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