SAMSUNG Electronics Regains No. 1 Spot in LCD Market

Dec 20, 2004

Samsung Electronics regained the No. 1 position in the global liquid crystal display (LCD) market last month from LG.Philips LCD, according to the Texas-based display market research firm, DisplaySearch.
The electronics giant’s LCD sales _ LCDs with sizes greater than 10 inches _ amounted to 3.07 million units in November, up 13.5 percent from October, outstripping LG.Philips LCD by 50,000 units. Samsung Electronics’ revenue from its LCD sales reached $853 million in November, while LG.Philips LCD’s sales totaled $656 million.

LG.Philips LCD, the LCD joint venture between Royal Philips Electronics of the Netherlands and LG Electronics, assumed the top spot in October but handed the title to Samsung Electronics in just one month.

Samsung Electronics is forecast to cement its No. 1 position in 2004 as its cumulative LCD sales during the first 11 months of the year totaled 28.03 million units ($7.31 billion), greater than LG.Philips LCD’s 24.88 million units ($6.53 billion).

Samsung Electronics and LG.Philips LCD announced that their LCD sales in November amounted to 3.13 million and 3.15 million, respectively, earlier this month. However, global display makers give more credibility to DisplaySearch’s data than figures provided by display makers.

Explore further: Key facts on US 'open Internet' regulation

add to favorites email to friend print save as pdf

Related Stories

UN report urges drones for peace missions

1 hour ago

A UN report is calling for drones to be deployed in most peacekeeping missions as part of a major technological leap needed to help the United Nations confront world crises, the lead expert of the study said Monday.

Recommended for you

Key facts on US 'open Internet' regulation

6 hours ago

A landmark ruling by the US Federal Communications Commission seeks to enshrine the notion of an "open Internet," or "net neutrality." Here are key points:

Spotify deals with random shuffle and we mortals

6 hours ago

How do we mortals perceive random sequences? An entry in the question-and-answer site Quora focused on a question involving a music-streaming service Spotify. That question signifies how we perceive what ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.