Booming e-book sales to drive display demand, iSuppli says

Worldwide e-book display shipments will rise to 18.3 million units in 2012, increasing at a remarkable 161% compound annual growth rate (CAGR) from 150,000 units in 2007, iSuppli predicts. Global e-book display revenue is forecast to reach US$291.2 million by 2012, rising at a CAGR of 143% from US$3.5 million in 2007.

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Amazon's Kindle has proven there is a viable market for e-books with shipments expected to reach 1 million units in 2008, according to iSuppli.

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