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: Just whose Internet is it? New federal rules may answer that

add to favorites email to friend print save as pdf

Related Stories

TV makers out to ignite market with super high-def

Jan 06, 2015

After several years of sluggish sales, television manufacturers are pegging growth hopes on new technologies that deliver a more immersive and interactive experience and stunningly realistic image displays.

Robots put to work on e-waste

Nov 18, 2014

UNSW researchers have programmed industrial robots to tackle the vast array of e-waste thrown out by Australians every year.

Recommended for you

Aircraft set for minute-by-minute tracking

23 hours ago

All commercial flights worldwide could soon send out an automated signal every minute in times of distress to help rescuers find downed aircraft more easily.

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.