Samsung wants to double LCD TV sales

Posted on Tuesday, March 14 2006 @ 11:36 CET by Thomas De Maesschalck
Samsung plans to double its LCD TV sales from two million last year to four million this year. The company will focus on the 42-inch and 46-inch segments during 2006.
Samsung was the top supplier in the Europe market in the fourth quarter of 2005 and that market currently accounts for 40% of global LCD TV demand, Steel pointed out.

In the US market, although Sony overtook Sharp to take the top position in the fourth quarter of last year, Samsung still stands a chance to become the top vendor in that market as well, Steel indicated.

Demand for LCD TV is expected to reach 30-40 million units this year, up from 16-18 million units in 2005, Steel noted.
More details over at DigiTimes.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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