LCD panels have been gaining tremendous popularity due to technology advancements and cost reduction. LCD technology is the most dominant of the flat panel display technologies, holding the laptop market and close to taking over desktop computers almost entirely, and making large strides in the overall television market as well. Overall, LCDs account for nearly 82% of the flat panel display market, amounting to almost $64 billion in 2006. This Newsletter looks at cutting-edge product announcements for 2006 including large, thin, multi-directional, double-sided, flexible and transparent LCDs. We also examine performance improvements in LCDs: contrast, resolution, color saturation, brightness, and viewing angle. Finally, we cover new substrates and improved backlighting.