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Business

Samsung, LG to sell 81.5m LCDs this year

Published: 19 Oct 2014 - 11:00 pm | Last Updated: 20 Jan 2022 - 07:11 pm

Seoul: South Korean tech giants Samsung Electronics Co and LG Electronics Inc are expected to sell a combined 81.5 million liquid crystal display (LCD) TVs this year, taking up about 38 percent of the global market, a market tracker said yesterday.
Samsung, also the world’s largest smartphone maker, will likely ship 48 million units of LCD TVS this year worldwide, up 11 percent from the previous year, South Korean News Agency (Yonhap) reported Display Search as saying.
LG, Samsung’s domestic rival, is forecast to sell 33.5 million LCD TVs in the global market in 2015, up 15 percent from a year earlier.
The combined market share is likely to reach 37.5 percent this year, compared with 34.8 percent  last year, it said. QNA