According to CIBC World Markets, Equity Research, theFlat Panel Display (FPD) industry has achieved sufficientcritical mass for its growth to explode. Thus, it can nowattract the right blend of capital investments and R&Dresources to drive technical innovation toward continuousimprovement in view quality, manufacturing efficiency,and system integration. These in turn are sustainingconsumer interest, penetration, revenue growth, and thepotential for increasing long-term profitability for industryparticipants. CIBC believes that three essential conditionsare now converging to drive the market forward
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