M3 eyes outdoor LED display market


Huge demand: A woman looks at light-emitting diode TVs at a store in Seoul. The global outdoor LED display market is anticipated to grow to RM63bil by 2021 from RM22bil in 2014. — Reuters

KUALA LUMPUR: M3 Technologies (Asia) Bhd is eyeing the RM22bil global outdoor light-emitting diode (LED) display market to maximise its profitability and increase shareholders wealth.

Managing director Lim Seng Boon said Persistence Market Research’s global market study released in 2015 showed that the global outdoor LED display market is anticipated to grow to US$15.71mil (RM63bil) by 2021 from US$5.57bil (RM22bil) in 2014.

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