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FIGURE 1 Global flat panel display revenues, 1990-2005 (current and constant 2003 dollars). NOTE: The statistics in the figure include revenues for a variety of FPD products including LCDs, plasma displays, electroluminescent displays, and organic light-emitting diodes. SOURCE: DisplaySearch. LCDs because of their lower price. In 2005, however, 47 percent of cell phones had TFT LCD displays, up from 30 percent the previous year (Softpedia News, 2005). Even in those display markets where TFT LCDs competed with alternative technologies, growth rates were impressive. For example, in 2005, sales of LCD 
FIGURE 2 Global flat panel display sales by application, 2005. SOURCE: Frost and Sullivan, http://www.frost.com/prod/servlet/cio/FA1F-01-02-01-01/chart2.1.gif.
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