Sales of 40-inch LCD TVs grow explosively
2010-04-06 14:11
- Minimum living cost set at 1.43 million won
- Lee has much to do in second half
- Kim Yu-na splits with Orser
- Kim struggles to fend off attacks
- ANZ to inspect KEB over acquisition bid
- State seeks to take over five energy companies
- Leeum back in full swing with special exhibition
- Birthrate declines again in 2009
- Hanwha chief visits suppliers
- Calls to Seoul hotline reach 20 million
According to industry sources yesterday, sales of 40-inch or larger LCDs recorded explosive growth this year, thanks to the local LCD manufacturers` drastic price cut this month.
The trend favoring big-sized LCDs became prominent as LCD producers, including Samsung Electronics Co. and LG Electronics Co., cut prices by 12-20 percent this month.
Sales of Samsung`s LCD TVs rose by 417.8 percent compared to a year ago. Among them, sales of 42-inch LCD TVs soared by a whopping 1,188 percent.
Sales of 32-inch and smaller-than-32-inch LCD products increased by 472.1 percent and 232.0 percent, respectively. But those numbers are far below the growth rate of 40-inch or larger LCDs.
The portion of big-sized displays among the total display sales volume also jumped. Share of 40-inch or larger LCDs` sales was 23.9 percent, an almost three-fold increase from last year`s 8.4 percent.
However, the portion of 32-inch LCDs of total sales volume was 49.5 percent, a minor increase compared to last year`s 43.9 percent.
LCD TVs` share jumped to 16.3 percent from last year`s 8.4 percent in the local 40-inch flat display TV market.
"Still 32-inch LCDs are our flagship products. But sales of 40-inch or larger LCD TVs are rapidly growing, taking up ever-larger portions in our LCD portfolio," said a Samsung Electronics official.
"Here we see a definite trend favoring big-sized LCDs since smaller-than-32-inch LCD products record negative growth rates."
(siyoungh@heraldm.com)
By Hwang Si-young
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The ruling Grand National Party yesterday zeroed in on chief justice Lee Yong-hoon as it upped the ante in a dispute over controversial court rulings.
The conservative GNP called on the Supreme Court head to take responsibility for the controversy surrounding "slanted" rulings.
The party said it will officially demand he dissolve a private association of young, progressive-minded justices who are involved in the court decisions in question.
Lee struck back, telling reporters, "I will firmly safeguard the independence of judiciary."
Lee had kept silent in the face of one of the widest-reaching and fiercest political disputes to engulf the judicial institution. Lee was appointed by former President Roh Moo-hyun in September 2005 for a six-year term.
The GNP and conservatives blamed him for "leftist tendencies" among young justices and a series of "politically biased" rulings.
Lee had kept silent in the face of one of the widest-reaching and fiercest political disputes to engulf the judicial institution. Lee was appointed by former President Roh Moo-hyun in September 2005 for a six-year term.
The GNP and conservatives blamed him for "leftist tendencies" among young justices and a series of "politically biased" rulings.
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