Last month, Nokia projected mobile handset sales would fall 10 percent this year.
Displays for these units are following step, projected to fall 6.2 percent in 2009 and remain largely unchanged (up 0.3 percent) in 2010, says iSuppli.
Prices declines for displays was slow
The market won’t surpass 2008 volumes until 2011, says the research firm.
The business was already suffering from falling prices in 2008 before the sharply slowing economy and a build up for finished phone inventories cut sales volumes and added to its problems.
Display shipments at some suppliers fell by more than 40 percent in the fourth quarter.
Despite production cuts by some suppliers, prices should fall 15 percent to 20 percent in 2009, though perhaps not as much as in 2008, iSuppli says.
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