Last year, the industry churned out NT$1.69 trillion in output, up 33 percent from 2006, the ministry cited DisplaySearch data as saying.
The ministry said the flat panel sector had been listed as a star industry by the government.
"We are also assisting the sector to enhance research and development and reinforce valued-added production," an official from the ministry's Industrial Development Bureau said.
The ministry said the sector was expected to benefit from growing demand for thin-film-transistor liquid crystal display (TFT-LCD) TVs, which have become the driver of the industry's growth.
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