Tuesday, June 10, 2008

Samsung Electronics Co. Ltd. takes the top position in global LCD market

According to the report of market research firm Display Search, Samsung Electronics Co. Ltd. (SEO: 005930) is the current LCD market leader. The South Korean multinational giant took up 22.1% of the global LCD market by revenue shares in the first three months of 2008. Japan’s Sony Corporation (TYO:6758) and its major domestic rival Sharp Corporation (TYO:6753) took the second and third position by gaining 18.1% and 10.1% over the same period. Samsung has also remained the top global brand for the ninth straight quarter in terms of revenue, maintaining a 39% year-on-year growth. Korea Times reports:

By shipments, the company ranked top, while Sony was No. 2 on a revenue basis for the third straight quarter, declining to about 13.2 percent revenue share after a strong fourth-quarter performance. LG Electronics remained the third-largest player, leveraging a No. 2 unit share position to offset lower than average selling prices (ASPs). ASP is a key measurement to gauge profitability.

LCD TV’s continue to post the strongest growth, rising 45 percent year-on-year to 21.1 million units, though this was the weakest quarter of growth to date.

On the other hand, Japanese company, Panasonic, took over the top position in global Plasma television market. The company had the top Plasma Display Panel (PDP) revenue share of 33.7%; followed by Samsung at 22.7% and LG 16.4%. Samsung’s PDP sales rose 20% to nearly 2.8 million units most of which comprised of 32 inch models.

Related article:
Korea Times