Touch panel shipments to grow over 30% in '13: firm

In a research report, Displaybank said the rapid growth in touch panel shipments largely reflects the rising popularity of smartphones and tablet computers.

According to the advisory firm, touch panel shipments are expected to exceed 1.8 billion units in 2013, up 34 percent from 2012, when shipments totaled 1.35 billion units, up 39.4 percent from 2011.

Displaybank said in addition to smartphones and tablet computers, other electronics gadgets equipped with touch panels have been better received in the market, which is expected to further boost demand for particular displays.

Under such favorable circumstances, Displaybank said it is likely that touch panel shipments will rise further in 2016 to top 2.75 billion units.

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