According to Taiwan's largest LED chip maker Epistar President M.J. Jou's report on the sidelines of the LED Forum 2010 in Taipei, the global penetration rate of LED-backlit TV sets will likely double to 40 percent in 2011, but it expected Q4 of 2010 to remain slow.

Jou also predicted that global shipments of LED TVs would grow in 2011 at twice the rate seen in 2010, but he did not offer specific figures.

Meanwhile, Jou pointed out that LED illumination products now account for some 20 percent of the company's total revenues, but he believed there still remained considerable room for growth.

Additionally, Jou said that Epistar had expanded its production by 30 to 40 percent this year and would likely expand it by another 30 percent next year.