According to CIBC World Markets, Equity Research, the Flat Panel Display (FPD) industry has achieved sufficient critical mass for its growth to explode. Thus, it can now attract the right blend of capital investments and R&D resources to drive technical innovation toward continuous improvement in view quality, manufacturing efficiency, and system integration. These in turn are sustaining consumer interest, penetration, revenue growth, and the potential for increasing long-term profitability for industry participants. CIBC believes that three essential conditions are now converging to drive the market forward. They are: The technological and commercial readiness of FPDs. Substantial capacity investment. Lower end-selling prices