I have to read a COM port and the data should be displayed inside the TextArea dynamically (data will come every minute), which I have created inside JPanel.
Advance Tha
For a multi-platform application, look into rxtx.
javax.comm has not had active development for a number of years. The rxtx project has a compatible api as well as a more feature rich gnu package API.
javax.comm
gnu
There are examples with the source code and in the Wiki.