The Korea Herald

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Samsung retains top spot in global monitor market

By Korea Herald

Published : Dec. 12, 2011 - 20:40

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Samsung Electronics Co., the world’s largest maker of flat-screen TVs and liquid crystal display panels, said Monday that it has maintained its status as the top monitor supplier with a 15.5 percent market share in the third quarter, thanks to strong demand for upper-end products.

Citing data released by International Data Corporation, Samsung said its sales of monitors rose more than 10 percent from a year earlier in the July-September period to 6.42 million units.

The increase helped the Korean firm remain in the top spot in the global monitor market for the fifth straight year since the third quarter of 2006, it said.

Samsung said it outperformed rivals by a large margin in the high-end monitor sales, such as light-emitting diode monitors and big-size monitors.

In the LED-backlight LCD monitor segment, Samsung accounted for 25.5 percent of the third-quarter sales worldwide. The No. 2 supplier of LED monitors, LG Electronics Inc., held a 18.2 percent market share.

Samsung also claimed 27.5 percent of global sales of the monitors that are 24-inch or bigger during the cited period.

While the global monitor market expanded 5 percent in the third quarter from the previous three months, the LED monitor sales surged 26 percent over the cited period, showing a rise in demand for the high-end products, Samsung said.

Dell Inc. was the runner up in the third-quarter global monitor sales, accounting for 12.5 percent, followed by Hewlett-Packard Co., Acer Inc. and LG Electronics, according to IDC data. 

(Yonhap News)