The Korea Herald

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Samsung tops flatscreen TV market for 34th quarter

By Korea Herald

Published : Aug. 21, 2014 - 20:33

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South Korean tech giant Samsung Electronics Co. said Thursday it has topped the world’s market for flat-screen TVs for the 34th consecutive quarter in the April-June period, backed by robust sales in emerging markets.

Quoting data released by industry watcher DisplaySearch, Samsung said its global market share for flat TVs came to 31.8 percent in the second quarter, rising 1.2 percentage points on-quarter, keeping the company in the top spot.

It biggest rival, LG Electronics Inc., saw its market share fall 0.4 percentage point over the cited period to 16.5 percent.

Japan’s Sony Corp. and China’s Hisense Co. garnered 8.5 percent and 5.2 percent, respectively, the data also showed.

For the first half of 2014, Samsung posted a record-high market share of 30.7 percent, followed by LG Electronic with 16.7 percent. Sony held 7.7 percent. (Yonhap)