Samsung Stays on Top of LCD Market: Research Firm
South Korean technology giant Samsung Electronics Co. remained the world’s top supplier of liquid crystal display (LCD) panels in the first half of this year, a U.S. market researcher said Thursday.
Samsung Electronics posted the largest LCD revenue of US$4.51 billion in the January-June period, followed by its arch-rival LG.Philips LCD Co. (KSE:034220) with $4.41 billion, DisplaySearch said.
Samsung has held the top position in the LCD market since 2002.
In terms of sales, Samsung also prevailed over LG.Philips with 46.60 million units versus 40.63 million units.
“Samsung will further increase output from October when the production line of seventh-generation LCDs reaches its peak capacity,” a Samsung spokesman said.
The next-generation LCDs enable TV manufacturers to make their products with bigger screens at lower costs.
