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Falling LCD panel prices and a reversal in the wait-and-see attitude among consumers drove LCD monitor shipments to 14 million units in the fourth quarter of 2004, a historic high. 2004 Chinese LCD monitor shipments reached 40 million units, a 40% year-on-year increase. Though LCD monitors have entered the low-profit stage, Chinese LCD monitor makers are supported by the growing strength of Chinese TFT LCD panel makers. It is expected that beginning in 2005 large Chinese OEM suppliers should grow even larger, and overall shipment growth should be sustained. The rise in prices brings an end to the weak market conditions that had plagued the large-sized (10-inch and over) LCD panel since fall of 2005. Production of LCD modules in Greater China will grow by 62% in 2006, with nearly half of the output earmarked for the export market.